Question - The Polishing Department of Harbin Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process.
Production: Beginning inventory 1,700 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 40,100; ending inventory of 6,600 units 10% complete as to conversion costs.
Manufacturing costs: Beginning inventory costs, comprised of $20,720 of materials and $57,148 of conversion costs; materials costs added in Polishing during the month, $179,920; labor and overhead applied in Polishing during the month, $126,530 and $257,400, respectively.
Compute the equivalent units of production for materials and conversion costs for the month of September.