Process costing: determining equivalent units In March 2011, Rite Corporation’s battery plant had 2,000 units in its beginning work in process inventory. During March, the company added 18,000 units to production. At the end of the month, 6,000 units of product were in process.

Required

(Each requirement is independent of the other.)

a. Assuming the ending inventory units were 60 percent complete, determine the total number of equivalent units (number transferred out plus number in ending inventory) processed by the battery plant.

b. Assuming the total number of equivalent units (number transferred out plus number in ending inventory) processed by the battery plant was 15,500, what was the ending inventory percentage of completion?