q24

The Molding Department of Oriole Company has the following production data: beginning work in process inventory 24000 units (50% complete as to conversion), started into production 477000 units, completed and transferred out 450000 units, and ending work in process inventory 51000 units (50% complete as to conversion). Assuming that conversion costs are incurred uniformly during the process, the equivalent units of production for conversion costs are 451500 501000 0475500. 0.450000