Question: Consider the following data for 20X1: Physical Units Started in 20X1 ........... 70,000 Completed in 20X1 ........ 115,000 Ending inventory , work in process ....

Consider the following data for 20X1:

Physical Units

Started in 20X1 ........... 70,000

Completed in 20X1 ........ 115,000

Ending inventory, work in process .... 35,000

Beginning inventory, work in process . 80,000

The beginning inventory was 95% complete regarding direct materials and 90% complete regarding conversion costs. The Ending inventory was 25% complete regarding direct materials and 15% complete regarding conversion costs.

Prepare a schedule of equivalent units for the work done to date.

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