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Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding department: Units Direct materials Percent Complete

Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding department:

Units Direct materials Percent Complete Conversion Percent Complete
Beginning work in process inventory 30,000 100% 55%
Units started and completed 120,000
Units completed and transferred out 150,000
Ending work in process inventory 32,500 100% 30%

Production cost information for the Molding department follows.

Beginning work in process
Direct materials $ 48,000
Conversion 53,850 $ 101,850
Costs added this period
Direct materials $ 292,000
Conversion 604,150 896,150

Calculate equivalent units of production for conversion.

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