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 Date Item Debit Credit ACCOUNT NO. Balance Debit Credit May 1 Bal, 23,800 units, 75% completed 142,800 31 Direct materials, 116,600 units 426,756 569,556 31 Direct labor 264,600 834,156 31 Factory overhead 268,900 1,103,056 31 Goods transferred, 123,800 units 1,062,204 40,852 < 31 Bal., 2 units, 25% completed 40,852 a. Determine the number of units in work in process inventory at the end of the month. units 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 placed in process during production. Whole units to be accounted for units Whole units to be assigned costs units Equivalent units of production units