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.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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.
Transcribed Image Text: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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