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Calculate the number of units completed in march

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Reference no: EM132661392

HD Company produces a liquid chemical for the auto industry. Conversion costs are added evenly throughout the production process. The following information is available for March:

Units

Units (gallons) in process, March 1 (40% complete) 700
Units Started in March                                      1,100
Units in Process, March 31 (80% complete)            400

Costs
Conversion costs in WIP, March 1

Labour                  $ 36,000
Overhead                    6,000
Labor costs in March    118,800
Overhead in March            54,200

Problem 1: Calculate the following numbers: Number of units completed in March ; Cost per equivalent unit for conversion costs; Conversion costs included in units completed in March ; Conversion costs included in units in process at the end of March

Reference no: EM132661392

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