On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,500 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials at the beginning of the production process. During March, a total of 25,200 units were started and the ending WIP inventory had 8,600 units which were 40% complete as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs. (Round answer to the nearest whole number of units)

Total Equivalent Units direct materials 25200

Total Equivalent Units conversion costs 20,000

Explanation:

Baltimore Company

Beginning work in process inventory 9,500 units

Units Started 25,200 units

Less Ending WIP inventory 8,600 units

Units Finished 16,600

Particulars Units % of Completion Equivalent Units

Mat. Conversion Costs Mat. Conversion Costs

Ending W. I. P, 8600 100 (40%) 8,600 3440

Completed 16,600 100 100 16,600 16,600

Total Equivalent Units 25200 20,000

First we find the Completed Units by subtracting the ending work in process from the units started. The Equivalents units can be calculated by either adding the beginning work in process and units started or by adding Ending Wip and completed units. By doing the both calculations we get the same number of equivalent units.