Canler Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month.
Work in process, beginning:
Units in process..........................200
Percent complete with respect to materials...50%
Percent complete with respect to conversion.. 40%
Units started into production during the month: 11,000
Work in process, ending:
Units in process................................ 500
Percent complete with respect to materials... 80%
Percent complete with respect to conversion...10%
Required:
Using the weighted-average method, determine the equivalent units of production for materials and conversion costs