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On March 1, 2019, Baltimore company's beginning work in process inventory had 7,000 units. This is its only department. Beginning WIP units were 50%...
On March 1, 2019, Baltimore company's beginning work in process inventory had 7,000 units. This is its only department. Beginning WIP units were 50% completed as to the conversion costs. Baltimore introduces direct materials at the beginning of the productions process. During March, a total of 24,800 units were started and the ending WIP inventory had 8,600 units which were 70% completed as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs.