Process costing system—determine equivalent units Sheridan Furniture Company’s cutting department had 400 units in its beginning work in process inventory. During the accounting period it began work on 1,200 units of product and had 600 partially complete units in its ending inventory.

Required (Each requirement is independent of the others.)

a. Assuming the ending inventory units were 60 percent complete, determine the total number of equivalent whole units (number transferred out plus number in ending inventory) accounted for by the cutting department.

b. Assuming that the total number of equivalent whole units (number transferred out plus number in ending inventory) accounted for by the cutting department was 1,240, what was the ending inventory percentage of completion?