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Compute the equivalent units of production for the period

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Reference no: EM131809850

Problem - MediSecure, Inc., produces clear plastic containers for pharmacies in a process that starts in the Molding Department. Data concerning that department's operations in the most recent period appear below:

Beginning work in process:

Units in process

410

Stage of completion with respect to materials

69%

Stage of completion with respect to conversion

31%

Units started into production during the month

152,600

Units completed and transferred out

152,620

Ending work in process:

Units in process

390

Stage of completion with respect to materials

74%

Stage of completion with respect to conversion

21%

Required: MediSecure uses the FIFO method in its process costing system. Compute the equivalent units of production for the period for the Molding Department.

Reference no: EM131809850

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