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

(5.) Consider the following data for May: Started in May Completed in

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