Goode Company has the following production data for selected months. ...

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Accounting

Goode Company has the following production data for selected months.

Ending Work in Process

Month

Beginning Work in Process

Units Transferred Out

Units

% Complete as to Conversion Cost

January 0 39,300 13,600 44 %
March 0 45,000 8,800 71
July 0 48,800 17,600 21

Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process.

Materials

Conversion Costs

January

March

July

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