File Home Insert Page Layout Formulas Data Review View Help D7 EX 20-26 The following information concerns production in the Finishing Department for May. The finishing Department uses the average cost method. Account Work in Process - Finishing Department B C E 1 Exercise 20-26 Balance Balance Debit Credit 2 3 Date Item Debit Credit 4 5 Transferred to Packing Department Inventory in process, ending (30% completed) 6 Equivalent Units of Production 7 8 9 Insert the appropriate amount. 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Balance Balance May 1 Bal. 4,200 units, 70% 36,500 completed May 31 Direct Materials, 125,800 162,300 23,600 units May 31 Direct labor 75,400 237,700 May 31 Factory Overhead 82,675 320,375 May 31 Goods transferred, 308,750 11,625 24,700 units May 31 Bal. ? units, 30% 11,625 completed 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. 30 31 32 33 34 35 36 37 38 39