ynugai corporation uses process costing system to assign costs to its steel production. during March 2010, Ynugai beginning work in process inventory of 180,000 tons of steel (100 percent complete as to material and 65 percent complete as conversion). during the month the raw material needed to produce 3,400,000 tons of steel was started in process. A month-end 165,000 tons remained in work in process inventory(100 percent complete as to material and 40 percent complete as to conversion).
A. compute the total units to account for
B. determine how many units were started and completed
C. determine the equivalent units of production using the weighted average method
D. determine the equivalent units of production using the FIFO method
E. reconcile your answer to part(C) and (D).