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 ProcessFinishing Department					ACCOUNT NO.
Date		Item	Debit		Credit		Balance
							Debit		Credit
May	1	Bal., 23,500 units, 80% completed					70,500
	31	Direct materials, 115,200 units	210,816				281,316
	31	Direct labor	130,700				412,016
	31	Factory overhead	132,800				544,816
	31	Goods transferred, 122,200 units			524,238		20,578
	31	Bal., ? units, 25% completed					20,578

a. Determine the number of units in work in process inventory at the end of the month. fill in the blank 1 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	fill in the blank 2 units
Whole units to be assigned costs	fill in the blank 3 units
Equivalent units of production	fill in the blank 4 units