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Calculate the number of equivalent units for both materials

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Reference no: EM132707331

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:

Tons of Salmon Materials

Conversion Work-in-process inventory, May 11,020 80% 70%

Work-in-process inventory, May 313,500 50 30

Started processing during May7,200

Problem 1. Calculate the number of tons completed and transferred out during the month.

Problem 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.

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

Reference no: EM132707331

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