Reference no: EM13509426

Equivalent Units

Question Details

Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May follows:

Production data:
Pounds in process, May 1; materials 100% complete;
conversion 77% complete
10,400
Pounds started into production during May 111,000
Pounds completed and transferred out ?
Pounds in process, May 31; materials 62% complete; conversion 21% complete
13,100

Cost data:
Work in process inventory, May 1:
Materials cost $2,200
Conversion cost $7,600
Cost added during May:
Materials cost $148,500
Conversion cost $96,800

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The company uses the weighted-average method.

Requirement 1:

Compute the equivalent units of production for MATERIALS AND CONVERSION.