1. Weighted-Average Process Costing

Gygax Corporation makes Bubbles from Ooze using weighted average process costing. At the end of the period, they had the following data:

Beginning units in WIP 8,000 Costs in Beginning WIP:

Units started 4,000 DM $23,000

Units transferred out 2,600 Conversion $32,000

Current costs:

DM $71,000

Conversion $61,400

Direct materials are added at the beginning of the process. Ending inventory is 75% complete for direct labor and manufacturing overhead.

How many equivalent units are used to calculate the unit cost of conversion?