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QualCon, Inc., produces wine bottles for vintners in a process that starts in the Melt and Mold Department. Data concerning that department’s operations in the most recent period appear below: Beginning work in process: Units in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400 Stage of completion with respect to materials . . . . . . . . . 75% Stage of completion with respect to conversion . . . . . . . 25% Units started into production during the month . . . . . . . . . . 42,600 Units completed and transferred out . . . . . . . . . . . . . . . . . . 42,500 Ending work in process: Units in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500 Stage of completion with respect to materials . . . . . . . . . 80% Stage of completion with respect to conversion . . . . . . . 30% Required: QualCon uses the FIFO method in its process costing system. Compute the equivalent units of production for the period for the Melt and Mold Department.
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