Equivalent Units of Production: Weighted average method The following information concerns production in the Finishing Department for May. The Finishing Department uses the Weighted average method. ACCOUNT Work in Process-Finishing Department ACCOUNT NO. Date: Item Debit Credit Balance Debit Credit May 1 Bal, 19,700 units, 65% completed 31 Direct materials, 96,500 units 31 Direct labor 59,100 176,595 235,695 109,500 345,195 31 Factory overhead 111,300 456,495 31 Goods transferred, 102,400 units 439,296 17,199 31 Bal, 2 units, 30% completed 17,199 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. Assume that direct materials are placed in process during production. Whole units to be accounted for Whole units to be assigned costs Equivalent units of production units units units