MediSecure, Inc., uses the FIFO method in its process costing system. It produces clear plastic...
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MediSecure, Inc., uses the FIFO method in its process costing system. It produces clear plastic containers for pharmacies in a process that starts in the Molding Department. Data concerning that departments operations in the most recent period appear below:
Beginning work in process:
Units in process
540
Completion with respect to materials
63
%
Completion with respect to conversion
41
%
Units started into production during the month
152,600
Units completed and transferred out
152,780
Ending work in process:
Units in process
360
Completion with respect to materials
68
%
Completion with respect to conversion
27
%
Required:
Compute the Molding Department's equivalent units of production for materials and conversion for the period. (Round your intermediate and final answers to the nearest whole number.)
MediSecure, Inc., uses the FIFO method in its process costing system. It produces clear plastic containers for pharmacies in a process that starts in the Molding Department. Data concerning that departments operations in the most recent period appear below:
Beginning work in process:
Units in process
540
Completion with respect to materials
63
%
Completion with respect to conversion
41
%
Units started into production during the month
152,600
Units completed and transferred out
152,780
Ending work in process:
Units in process
360
Completion with respect to materials
68
%
Completion with respect to conversion
27
%
Required:
Compute the Molding Department's equivalent units of production for materials and conversion for the period. (Round your intermediate and final answers to the nearest whole number.)
MediSecure, Inc., uses the FIFO method in its process costing system. It produces clear plastic containers for pharmacies in a process that starts in the Molding Department. Data concerning that departments operations in the most recent period appear below:
Beginning work in process:
Units in process
540
Completion with respect to materials
63
%
Completion with respect to conversion
41
%
Units started into production during the month
152,600
Units completed and transferred out
152,780
Ending work in process:
Units in process
360
Completion with respect to materials
68
%
Completion with respect to conversion
27
%
Required:
Compute the Molding Department's equivalent units of production for materials and conversion for the period. (Round your intermediate and final answers to the nearest whole number.)
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