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Calculate the equivalent units of direct materials

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Reference no: EM133013282

Question - Tottenham Hotspur Ltd FC makes a product called 'only hope'. Direct materials are added at the beginning of the process and conversion activity occurs uniformly throughout the process.

For May, opening WIP is 15,000 units (60% complete), 60,000 units are started and 68,000 units are completed and transferred out. Closing WIP is 20% complete.

Using the weighted average method of process costing, calculate the equivalent units of direct materials and conversion costs for the month of May.

Reference no: EM133013282

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