August 1 balance	62,000	Completed and transferred to Finished Goods	?
Materials	495,000
Direct labor	72,000
Overhead	181,000
August 31 balance	?

The August 1 work in process inventory consisted of 6,000 units with $40,000 in materials cost and $22,000 in conversion cost. The August 1 work in process inventory was 100% complete with respect to materials and 40% complete with respect to conversion. During August 48,000 units were started into production. The August 31 work in process inventory consisted of 8,000 units that were 100% with respect to materials and 60% complete with respect to conversion. What is the equivalent units of production for conversion?

Multiple Choice

• 52,800 units

• 50,800 units

• 56,800 units

• 54,800 units