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18 Percent Complete Milling Department Units Materials Conversion Beginning work in process inventory 200 40 % 30 % Units started into production during March 6,200

18

Percent Complete
Milling Department Units Materials Conversion
Beginning work in process inventory 200 40 % 30 %
Units started into production during March 6,200
Units completed during the period and transferred to the next department 5,800 100 % 100 %
Ending work in process inventory 600 70 % ? %

Milling Department Materials Conversion
Cost of beginning work in process inventory $ 10,000 $ 15,000
Costs added during the period 290,000 385,000
Total cost $ 300,000 $ 400,000

If the equivalent units of production for conversion is 6,100 units using the FIFO method, then what is the percent complete for the ending work in process inventory with respect to conversion?

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