need help before 1hr mark

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., 13,200 units, 70% completed 66,000 31 Direct materials, 64,700 units 197,335 263,335 31 Direct labor 122,300 385,635 31 Factory overhead 124,300 509,935 31 Goods transferred, 68,600 units 490,490 19,445 31 Bal., 2 units, 30% completed 19,445 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 units whole units to be assigned costs Equivalent units of production units units Previous Next