Equivalant units of production

Assignment Help Financial Accounting

Reference no: EM13915912

Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5]

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:

Production data:
Pounds in process, May 1; materials 100% complete; conversion 90% complete		86,000
Pounds started into production during May		510,000
Pounds completed and transferred out		?
Pounds in process, May 31: materials 70% complete; conversion 30% complete		55,000
Cost data:
Work in process inventory, May 1:
Materials cost	$	98,200
Conversion cost	$	62,600
Cost added during May:
Materials cost	$	510,275
Conversion cost	$	344,375

how do I calculate the equivalant units of production for this problem? I cant seem to figure out how to line up the study answers to the questions im working on in class. is there a number for Chegg i can call?

Reference no: EM13915912

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