Lau Company manufactures a product that passes through two processes. The fol- lowing information was obtained for

Question:

Lau Company manufactures a product that passes through two processes. The fol- lowing information was obtained for the first department for May: LO3

a. All materials are added at the beginning of the process.

b. Beginning work in process had 9,000 units, 30 percent complete with respect to conversion costs.

c. Ending work in process had 5,400 units, 25 percent complete with respect to con- version costs.

d. Lau started 11,000 units in process.

Required:

1. How many units were transferred out during May? 2. How many units were started and completed during May?

3. Prepare a physical flow schedule.

4. Compute equivalent units.

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