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MediSecure, Incorporated, uses the FIFO method in its process costing system. It produces clear plastic containers for pharmacies in a process that starts in the

MediSecure, Incorporated, uses the FIFO method in its process costing system. It produces clear plastic containers for pharmacies in a process that starts in the Molding Department. Data concerning that departments operations in the most recent period appear below:

Beginning work in process:
Units in process 500
Completion with respect to materials 80%
Completion with respect to conversion 40%
Units started into production during the month 153,600
Units completed and transferred out 153,700
Ending work in process:
Units in process 400
Completion with respect to materials 75%
Completion with respect to conversion 20%

Required:

Compute the Molding Department's equivalent units of production for materials and conversion for the period.

Materials Conversion
Equivalent units of production

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