Collins Company has the following data for the Assembly Department for August:
Units in process at the beginning of August........ 300
Units started in August................1,800
Units completed and transferred.............1,900
Units in process at end of August........... 200
Conversion costs are added evenly throughout the process. Compute the equivalent units of production for direct materials and conversion costs for each independent scenario:
1. Units in process at the beginning of August are 40% complete; units in process at the end of August are 30% complete; materials are added at the beginning of the process.
2. Units in process at the beginning of August are 60% complete; units in process at the end of August are 70% complete; materials are added at the beginning of the process.
3. Units in process at the beginning of August are 40% complete; units in process at the end of August are 30% complete; materials are added at the end of the process.
4. Units in process at the beginning of August are 60% complete; units in process at the end of August are 70% complete; materials are added at the halfway point.