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CoursHeroTranscribedText: Aaron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical units during March. Ililork in process, March 1 (6096 complete as to conversion costs) 159,000 Units started in March 618,000 Units transferred to Finishing Department in March 648,000 Work in process, March 31 (4096 complete as to conversion costs) 129,000 Required: a. Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method. c. The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 60 percent (from 40 percent). c-1. What effect will this change have on the unit costs of units transferred to nished goods in March? c-2. Would this be ethical? c-3. Is this likely to be a successful strategy for affecting income over a long period of time? Req A Req B Req C1 Req C2 Req C3 Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. Equivalent Units Materials Conversion costsCompute the equivalent units for materials costs and for conversion costs using the FIFO method

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