Question 3: Process costing 25 MARKS a. Wellington Management Company uses the weighted-average method in its process costing system. The following data concern the operations of the companys second processing department for February:

Work in process, beginning

Units in process 450

Percent complete with respect to materials 65%

Percent complete with respect to conversion 25%

Costs in the beginning WIP inventory:

Materials cost $456

Conversion cost $3,235

Units started into production during the month 18,000

Units completed and transferred out 30,500

Costs added to production during the month:

Materials cost $52,000

Conversion cost $570,000

Work in process, ending:

Units in process 750

Percent complete with respect to materials 75%

Percent complete with respect to conversion 35%

i. Determine the equivalent units of production for materials and conversion for the month.

(6 marks)