Answer:
Materials = 44,000
Conversion = 40,800
Explanation:
<em>Step 1 Determine the Number of Closing Work In Process Units</em>
Closing Work In Process Units = Opening Work In Process Units + Units started in process - Units transferred out
= 6,000 + 38,000 - 36,000
= 8,000
<em>Step 2 Determine the equivalent units for March 2019</em>
<u>Materials :</u>
<em>Note : Materials are added at the be-ginning of the process, therefore Units Transferred Out and Closing Work In Process are 100% complete in terms of materials</em>
Closing Work In Process Units - 100% = 8,000
Units transferred out - 100% = 36,000
Total equivalent units = 44,000
<u>Conversion :</u>
<em>Note : Ending work-in-process was 60% processed, therefore 60% completed in terms of conversion costs</em>
Closing Work In Process Units - 60% = 4,800
Units transferred out - 100% = 36,000
Total equivalent units = 40,800
