1. Stone Corporation Stone Corporation adds material at the start to its production process and has the following information available for August:

Beginning Work in Process Inventory
(40% complete as to conversion)	7,000	units
Started this period	32,000	units
Ending Work in Process Inventory
(25% complete as to conversion)	2,500	units
Transferred out	?

Refer to Stone Corporation. Compute the number of units started and completed in August.

a. 34,500

b. 29,500

c. 39,000

d. 36,500

2. Stone Corporation Stone Corporation adds material at the start to its production process and has the following information available for August:

Beginning Work in Process Inventory
(40% complete as to conversion)	7,000	units
Started this period	32,000	units
Ending Work in Process Inventory
(25% complete as to conversion)	2,500	units
Transferred out	?

Refer to Stone Corporation. Calculate equivalent units of production for conversion using weighted average.

a. 39,925

b. 34,325

c. 38,375

d. 37,125