Tip Top Painting Company Has the Following Production Data for January

Essay

Tip Top Painting Company has the following production data for January:
$\bullet$ Beginning work in process 0 units
$\bullet$ Units transferred out 35000
$\bullet$ Units in ending work in process 10000 which are 30% complete for conversion costs
Materials are added only at the beginning of the process.
Instructions
Compute equivalent units of production for both materials and conversion costs.