Lowman Painting Company Has the Following Production Data for March $\bullet$

question 31

Essay

Lowman Painting Company has the following production data for March:
$\bullet$ Beginning work in process 2000 units
$\bullet$ Units transferred out 42000
$\bullet$ Units in ending work in process 15000 which are 80% 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.

---

Definitions:

Posterior Tibial Artery

An artery located behind the tibia bone in the lower leg, it supplies blood to the posterior compartment of the leg and plantar surface of the foot.

External Iliac Artery

A major artery that supplies blood to the lower limbs, originating from the common iliac artery.

Median Cubital Vein

A superficial vein of the upper limb, often used for venipuncture (drawing blood), located at the front of the elbow.