Logan, Inc, had 9,00 . units of work in process in Department M on March 1 that were 50 percent complete as to conversion costs. Materials are introduced at the beginning of the process. During March, 18,00 . units were started, 20,00 . units were
completed, and there were 1,00 . units of normal losses. Logan had 6,00 . units of work in process at March 31 that were 70 percent complete as to conversion costs. Under Logan's cost accounting system, lost units reduce the number of units over which total cost can be spread. Using the average cost method, what were the equivalent units for March for conversion costs?
Unit output--Conversion costs:
Transferred out 20,000
Ending work in process (6,00 . units × 70%) 4,200
Equivalent production for conversion costs 24,200
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