1. what are the equivalent units for direct materials for May?

2. what are the equivalent units for conversion costs for May?

3. compute direct materials cost per equivalent unit during May.

4. compute the conversion cost per equivalent unit in may.

Edwards manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection occurs when units are 60% converted. Normal spoilage, if any, generally constitute 4% of the good units - units that successfully passed the inspection in current month. Company use FIFO method