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Larsen Company adds materials at the beginning of the process in Department 2. Data concerning the materials used in May production are as follows: Units
Larsen Company adds materials at the beginning of the process in Department 2. Data concerning the materials used in May production are as follows:
Units | |
Work-in-process at May 1 | 12,000 |
Started during May | 32,000 |
Completed and transferred out during May | 33,000 |
Normal spoilage incurred | 3,000 |
Work-in-process at May 31 | 8,000 |
Using the weighted-average method, the equivalent units for materials are:
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