Problem
In the month of March, department A had 10,000 units in beginning work in process that were 70% complete. During March, 40,000 units were transferred into production from another department. At the end of March, there were 5,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. What were the equivalent units of production for conversion costs using process costing and FIFO method for March?