Answer:
Total Equivalent Units direct materials 25200
Total Equivalent Units conversion costs 20,000
Explanation:
Baltimore Company
Beginning work in process inventory 9,500 units
Units Started 25,200 units
Less Ending WIP inventory 8,600 units
Units Finished 16,600
Particulars Units % of Completion Equivalent Units
Mat. Conversion Costs Mat. Conversion Costs
Ending W. I.P, 8600 100 (40%) 8,600 3440
<u>Completed 16,600 100 100 16,600 16,600</u>
<u> Total Equivalent Units 25200 20,000</u>
First we find the Completed Units by subtracting the ending work in process from the units started. The Equivalents units can be calculated by either adding the beginning work in process and units started or by adding Ending Wip and completed units. By doing the both calculations we get the same number of equivalent units.
