The Molding Department of Sheffield Company has the following production data: beginning work in process 25100 units (70% complete), started into production 475500 units, completed and transferred out 449400 units, and ending work in process 51200 units (30% complete). Assuming conversion costs are incurred uniformly during the process, the equivalent units for conversion costs are:

Equivalent units= 464,760

Explanation:

Giving the following information:

beginning work in process 25100 units (70% complete)

completed and transferred out 449400 units

ending work in process 51200 units (30% complete).

To calculate the equivalent units for conversion costs, we need to use the following structure:

Beginning work in process = beginning inventory* %incompleted

Units started and completed = units completed - beginning WIP

Ending work in process completed= Ending WIP* %completed

=Number of equivalent units

Beginning work in process = 25,100*0.3= 7,530

Units started and completed = 449,400 - 7,530= 441,870

Ending work in process completed= 51,200*0.3= 15,360

= 464,760

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