Problem:
The company I work for produces canned vegetable soup. The company uses the weighted-average method in its process costing system. The company sold 300,000 units in January. There was no beginning work in process or finished goods inventory. Work in Process inventory at January 31 was 24,000 units, which were 75% complete as to conversion costs. The Finished Goods inventory at January 31 was 60,000 units. What were the equivalent units for conversion costs for January?