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Company X uses the weighted-average method in its process costing system and the...

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Company X uses the weighted-average method in its process costing system and there is no spoilage. Conversion costs are added evenly in the process. Company X presented the following information related to physical units:

  • BWIP = 15124 units (45% complete with respect to conversion costs)
  • Started during March = 105745 units
  • Completed and transferred out = 100000 units
A total number of 107204 equivalent units of production was computed with respect to conversion costs during the current month.

The ending work in process (EWIP) inventory in the department has the following degree of completion in terms of conversion costs:

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