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:

Percent Completed

Tons of Salmon

Materials

Conversion

Work-in-process inventory, May 1

1,020

80%

70%

Work-in-process inventory, May 31

3,500

50

30

Started processing during May

7,200

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.

3.	How would your answer in part 2 change if the percentage of completion in ending inventory were as follows: materials 30%, conversion 40%?