Milton, Inc., had 8,000 units of work-in-process inventory in its Department M on March 1, I9X1, which were 50% complete as to conversion costs. Direct materials are introduced at the beginning of the process. During March 17,000 units were started, 18,000 units were completed, and there were 2,000 units of normal spoilage. Milton had 5,000 units of work-in-process inventory at March 31, 19X1, which were 60% complete as to conversion costs. Under Milton’s cost accounting system, spoiled units reduce the number of units over which total cost can be spread.

Using the weighted average method, the equivalent units for March for conversion costs were: 157 a 17,000 b 19,000 c 21,000 d 23,000