March 1, 2019, Baltimore Company's beginning work in process inventory had 6,000 units. This is its only production department. Beginning WIP units were 50% finished as to conversion costs. Baltimore introduces direct materials at the beginning of the production process. During March, a total of 26,400 units were started and the ending WIP inventory had 5,400 units which were 30% finished as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs.

March 1, 2019, Baltimore Company's beginning work in process inventory had 6,000 units. This is its only production department. Beginning WIP units were 50% finished as to conversion costs. Baltimore introduces direct materials at the beginning of the production process. During March, a total of 26,400 units were started and the ending WIP inventory had 5,400 units which were 30% finished as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 4EA: There were 1,700 units in beginning inventory that were 40% complete with regard to conversion....

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