Question: (5.) Consider the following data for May: Physical Units Started in May 50,000 Completed in May 46,000 Ending inventory, Work in Process 12,000 Beginning inventory,

(5.) Consider the following data for May:

	Physical Units
Started in May	50,000
Completed in May	46,000
Ending inventory, Work in Process	12,000
Beginning inventory, Work in Process	8,000

The beginning inventory was 90% complete regarding direct materials and 40% complete regarding conversion costs. The ending inventory was 60% complete regarding direct materials and 20% complete regarding conversion costs.

Required: Prepare a single schedule of equivalent units for the work done to date and the work done for May only.

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