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., 21,900 units, 70% completed 65,700 31 Direct materials, 107,300 units 196,359 262,059 31 Direct labor- 121,700 383,759 31 Factory overhead i 123,700 507,459 31 Goods transferred, 113,900 units 488,631 18,828 31 Bal., 2 units, 25% completed 18,828 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 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