Washington State 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: <\/p>
Percent Completed<\/strong><\/p> Tons of Salmon Materials Conversion<\/p> Work in Process inventory May 1 1,880 80% 70% <\/strong><\/p> Work in process inventory May 31 3,860 5030 <\/strong><\/p> Started processing during May11,300 <\/strong><\/p> 1. Calculate the number of tins completed and transferred out during the month? <\/strong><\/p> 2. Calculate the number of equivalent units for both material and conversion for the month of May assuming that that company uses the weighted average method? <\/strong><\/p> 3. How would your answer in #2 change if the percentage of completion in ending inventory were as follows: materials 30% conversion 40% ? <\/strong><\/p> <\/strong><\/p> Please show your work, I will need to know how to work this type of problem. Thanks <\/strong><\/p> <\/strong><\/p>",
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