Question: 2,000 units were introduced into a process in the beginning of May 2021. By the end of the month, 1,500 were complete and 500 units

2,000 units were introduced into a process in the beginning of May 2021. By the end of the month, 1,500 were complete and 500 units were in the ending work-in process. Estimate equivalent units for the units in closing work-in-process if their degrees of completion are 75% for material and 50% for labour and overheads.

Material 1,125 units and labour and overhead 750 units

Material 1,500 units and labour and overhead 1,000 units

None of the options

Material 375 units and labour and overhead 250 units

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