Equivalent Units of Production

Wheatmore Company manufactures cold cereal products, such as Frosted Flakes. Assume that the inventory in process on March $1$ for the Packing Department included $600$ pounds of cereal in the packing machine hopper $($enough for $40024-$oz$.$ boxes$)$ and $400$ empty $24-$oz$.$ boxes held in the package carousel of the packing machine.

During March, $33,200$ boxes of $24-0$z$.$ cereal were packaged. Conversion costs are incurred when a box is filled with cereal. On March $31,$ the packing machine hopper held $780$ pounds of cereal and the package carousel held $520$ empty $24-$oz$.(11/2-$lb$.)$ boxes. Assume that once a box is filled with cereal, it is immediately transferred to the finished goods warehouse.

Determine the equivalent units of production for cereal, boxes, and conversion costs for March. An equivalent unit is defined as "pounds" for cereal and $"24-0$z$.$ boxes" for boxes and conversion costs. If an amount box does not require an entry, leave it blank.

Wheatmore Company

Equivalent Units of Production for Cereal, Boxes, and Conversion Cost

For March

Inventory in process, March $1$

Started and completed in March

Transferred to finished goods in March

Inventory in process, March $31$

Total