I 1 .d 42%- 12:53 PM Question (L08-1, 3, 5) Aaron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical unil during March work in process, March 1 (60% complete as to conversion costs) Units started in Marclh Units transferred to Finishing Department in March work in process, March 31 (40% complete as to conversion costs) 150,00 600,000 630,000 120,00O Required a. Compule lhe equivaleril unils for malerials cosls and for conversion cosls using lhe wighled-averagemelhx b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method. c. The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in proccss to 60 percent (from o percent ) Whal effecl will this change have on the unil cosls of unils Iransferred to finished goods in March? (2) Would this be ethical? C3) Is this likely to be a successful stratesy for affecting income over a long period of time