Tempe Chemicals refines a variety of chemicals for cleaning products. The following data are from the company's
Question:
Tempe Chemicals refines a variety of chemicals for cleaning products. The following data are from the company's Greenville plant:
Work in Process, May 1 ....................................... 2,300,000 gallons
Direct material ................................................... 100% complete
Conversion costs .................................................. 40% complete
Units started in process during May ......................... 770,000 gallons
Work in Process, May 31 ...................................... 235,000 gallons
Direct material ................................................... 100% complete
Conversion costs .................................................. 60% complete
Required
Compute the equivalent units for direct material and conversion costs for the month of May?
Step by Step Answer:
Units in beg WIP 2300000 Units started during May 770000 Units to account fo...View the full answer
