Carver, Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process 700. Percent complete with respect to materials 50. Percent complete with respect to conversion 40. Units started into production during the month 23,000. Work in process, ending: Units in process 200. Percent complete with respect to materials 80. Percent complete with respect to conversion 40. Required: Using the weighted-average method, What are the equivalent units of production for materials and for conversion costs?
