Question: Carver Inc. uses the weighted-average method in its process cost system. The following data concern the operations of the companys first processing department for a

Carver Inc. uses the weighted-average method in its process cost system. The following data concern the operations of the company’s first processing department for a recent month. Work in process, beginning:

Work in process…………………700

Percent complete with respect to materials…50%

Percent complete with respect to conversion…..40%

Units started into production during the month……………23,000

Work in process, ending: Units in process……………….200

Percent complete with respect to materials…..80%

Percent complete with respect to conversion….40%

Required: Using the weighted-average method, what are the equivalent units of productions for materials and for conversion costs?

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