Question: Production data: Pounds in process, May 1: materials 100% complete; conversion 90% complete 73,000 Pounds started into production during May 380,000 Pounds completed and transferred
| Production data: | ||
| Pounds in process, May 1: materials 100% complete; conversion 90% complete | 73,000 | |
| Pounds started into production during May | 380,000 | |
| Pounds completed and transferred to the next department | ? | |
| Pounds in process, May 31: materials 80% complete; conversion 20% complete | 33,000 | |
| Cost data: | ||
| Work in process inventory, May 1: | ||
| Materials cost | $ | 111,600 |
| Conversion cost | $ | 55,800 |
| Cost added during May: | ||
| Materials cost | $ | 580,320 |
| Conversion cost | $ | 306,810 |
| The company uses the weighted-average method. |
| Required: |
| 1. | Compute the equivalent units of production. |
| Materials | Conversion | |
| Equivalent units of production | ||
| how do i find the equivalent units of production? | ||
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