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., 24,300 units, 70% completed 72,900 31 Direct materials, 119,100 units 217,953 290,853 31 Direct labor 135,100 425,953 31 Factory overhead 137,300 563,253 31 Goods transferred, 126,400 units 542,256 31 Bal., 2 units, 25% completed 20,997 a. Determine the number of units in work in process inventory at the end of the month. units 20,997 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. units Whole units to be accounted for Whole units to be assigned costs Equivalent units of production units units