age Learning Google Chrome eBook Calculator Print Item Equivalent Units of Production: Average Cost Method The following information concerns production in the Finishing Department for May. The Finishing Department uses the average cost method. ACCOUNT NO. ACCOUNT Work in Process-Finishing Department Date Item Debit Credit Balance Debit Credit 52,400 209,048 306,148 404,848 May 1 Bal., 13,100 units, 75% completed 31 Direct materials, 64,200 units 156,648 31 Direct labor 97,100 31 Factory overhead 98,700 31 Goods transferred, 68,100 units 389,532 31 Bal., 2 units, 25% completed a. Determine the number of units in work in process inventory at the end of the month. units 15,316 15,316 b. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for May. units Whole units units Equivalent units of production Previous Next > Check My Work