33. (EUP; weighted average & FIFO) Patio Company produces outdoor brooms. On April 30, 2001, the firm had 3,600 units in process that were 70 percent complete as to material, 40 percent complete as to direct labor, and 30 percent complete as to overhead. During May, 186,000 brooms were started. Records indicate that 184,200 units were transferred to Finished Goods Inventory in May. Ending units in process were 40 percent complete as to material, 25 percent complete as to direct labor, and 10 percent complete as to overhead.

a. Calculate the physical units to account for in May.

b. How many units were started and completed during May?

c. Determine May’s EUP for each category using the weighted average method.

d. Determine May’s EUP for each category using the FIFO method.

e. Reconcile your answers to parts

(c) and (d).