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Oregon Fisheries, Inc., processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing
Oregon Fisheries, Inc., processes salmon for various distributors. Two departments, processing and packaging, are involved. Data relating to tons of salmon sent to the processing department during May follow: Percent Completed Tons of Salmon Materials Conversion Work-in-process inventory, May 1 1,500 80% 70% Work-in-process inventory, May 31 2,500 Started processing during May 8,000 Required 1. Calculate the number of tons completed and transferred out during the month. 2. Calculate the number of equivalent units for both materials and conversion for the month of May. assuming that the company uses the weighted average method
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