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ABC Company has a three-stage production cycle. The following data are available for the cutting department for November: Work in process inventory, November 1 (40%

ABC Company has a three-stage production cycle. The following data are available for

the cutting department for November:

Work in process inventory, November 1

(40% complete) 30,000 units

Started in November 75,000 units

Work in process inventory, November 30

(50% complete) 20,000 units

Materials are added at the beginning of the process in the cutting department. What are

the equivalent units under the average cost procedure for both materials and conversion?

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