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Question - On April 30, 2013, Leander Co. had 21,700 units in process that were 90 percent complete as to material, 65 percent complete as to direct labor, and 30 percent complete as to overhead. During May, 552,800 units were started. The 14,000 units in ending inventory were 80 percent complete as to material, 30 percent complete as to direct labor, and 15 percent complete as to overhead.
1) Determine May's EUP for each category using the weighted average method.
2) Determine May's EUP for each category using the FIFO method.
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