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.

Date Item Debit Credit May 1 31 31 31 31 31 Bal., 4,200 units, 70% completed Direct materials, 23,600 units Direct labor Factory overhead Goods transferred, 24,700 units Bal., ? units, 30% completed 36,500 162,300 237,700 320,375 11,625 11,625 ACCOUNT Work in Process—Finishing Department Debit Credit 125,800 75,400 82,675 308,750 Balance

a. Determine the number of units in work in process inventory at the end of the month.

b. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for May.

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