Reference no: EM133161717

Question - Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,500 models. During the month, the company completed 11,300 models, and transferred them to the Distribution Department. The company ended the month with 2,700 models in ending inventory. There were 3,500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed. Beginning work in process was 25% complete as to conversion costs, while ending work in process was 55% complete as to conversion costs.

Beginning inventory

Direct materials $19,600

Conversion costs $11,100

Manufacturing costs added during the accounting period:

Direct materials $70,300

Conversion costs $241,000

Required - What were the equivalent units for conversion costs during October?