On March 1, 2019, Glacier Company's beginning work in process inventory had 5,000 units. This is its only production department. Beginning WIP units were 50% complete to conversion costs. It introduces direct materials at the beginning of the production process. During March, a total of 28,200 units were started and the ending WIP inventory had 7,000 units which were 60% complete to conversion costs. Glacier uses the weighted average method. Determine for March 2019 the equivalent units of production for conversion costs.

On March 1, 2019, Glacier Company's beginning work in process inventory had 5,000 units. This is its only production department. Beginning WIP units were 50% complete to conversion costs. It introduces direct materials at the beginning of the production process. During March, a total of 28,200 units were started and the ending WIP inventory had 7,000 units which were 60% complete to conversion costs. Glacier uses the weighted average method. Determine for March 2019 the equivalent units of production for conversion costs.

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Description: On March 1, 2019, Glacier Company's beginning work in process inventory had 5,000units.This is its only production department. Beginning WIP units were 50% complete toconversion costs. It introduces direct materials at the beginning of the productio

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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