Aaron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical units during March. Required:

a. Compute the equivalent units for materials costs and for conversion costs using the weighted-average method.

b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method.

c. The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent).

c-1. What effect will this change have on the unit costs of units transferred to finished goods in March?

c-2. Would this be ethical?

Complete this question by entering your answers in the tabs below. Req A Reg B Req Ci Reg CZ Reg C3 Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. Equivalent Units Materials Conversion costs Reg A Req B > Reg A Req B Reg C1 Reg C2 Reg C3 Compute the equivalent units for materials costs and for conversion costs using the FIFO method. Equivalent Units Materials Conversion costs Req A Req B Req CI Req C2 Req C3 The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent). What effect will this change have on the unit costs of units transferred to finished goods in March? ()The change will reduce the unit cost for the units transferred to finished goods The change will increase the unit cost for the units transferred to finished goods Req A Req B Req C1 Req C2 Req C3 The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent). Would this be ethical? OYes No Req A Reg B Req C1 Reg C2 Req C3 The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent). Is this likely to be a successful strategy for affecting income over a long period of time? Yes No Req C2 Req C3 >2O po'n:s Re'erences Aaron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical units during March. l-Jork in process, March '1 (T696 complete as to conversion costs) 153,666 Units started in March 666,686 Units transferred to Finishing Department in March 636,666 l-Jork in processJ March 31 (36% complete as to conversion costs) 123,686 Required: 9. Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method. c. The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 7'0 percent {from 30 percent]. c-1. What effect will this change have on the unit costs of units transferred to finished goods in March? c-2. Would this be ethical? c-3. Is this likely to be a successful strategy for affecting income over a long period of time