Equivalent Units of Production

Wheatmore manufactures cold cereal products such as Frosted Flakes. Assume that the inventory in process on March 1 for the Packing Department included 1,080 pounds of cereal in the packing machine hopper (enough for 720 24-oz. boxes) and 720 empty 24-oz. boxes held in the package carousel of the packing machine.

During March, 59,760 boxes of 24-oz. cereal were packaged. Conversion costs are incurred when a box is filled with cereal. On March 31, the packing machine hopper held 1,410 pounds of cereal, and the package carousel held 940 empty 24-oz. (1-pound) 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-oz. boxes" for boxes and conversion costs. If an amount is zero, enter in "0".

Wheatmore
Equivalent Units of Production for Cereal, Boxes, and Conversion Cost
For March
	Cereal (in pounds)	Boxes (in boxes)	Conversion Cost (in boxes)
Inventory in process, March 1
Started and completed in March
Transferred to finished goods in March
Inventory in process, March 31
Total