Goode Company has the following production data for selected months.
Ending
Work in Process |
Month |
Beginning
Work in Process |
Units
Transferred Out |
Units |
% Complete as to
Conversion Cost |
| January |
-0- |
37,110 |
11,400 |
45 |
% |
| March |
-0- |
45,170 |
8,410 |
75 |
| July |
-0- |
50,600 |
18,600 |
25 |
Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process.