Fill in the unknowns in physical or equivalent units:

* Degree of completion of conversion costs at dates of inventory.
Assume that all materials are added at the beginning of the process.

Transcribed Image Text:

Equivalent Units Physical Conversion Direct Flow of Production Materials Units Costs 1,000 Beginning work-in-process (50%) Started To account for 36,000 33,000 Completed and transferred out 33,000 Ending work-in-process 33,000 ? (40%)* Units accounted for Work done to date Equivalent units in beginning inventory Work done in current period only