Reference no: EM132658662
Question - Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 10% complete. The following data pertain to May:
Units Work in process, May 1 15,100 Units started during May 65,300 Units completed and transferred out 67,300 Work in process, May 31 13,100 Total Direct Materials Conversion Costs Costs: Work in process, May 1$58,800 $25,800 $33,000 Costs incurred during May 275,200 73,200 202,000 Totals $334,000 $99,000 $235,000
Using the weighted-average method of process costing, determine the equivalent units of direct materials?
a. 67,300.
b. 68,610.
c. 79,400.
d. 80,400.
e. None of the answers is correct.
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