What are the equivalent units of production or conversion

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Department II of Charity Manufacturing Company presents the following production data for the month of May, 2011:

Opening inventory, 3/8 completed 4, 000 units

Started in process 13, 000 units

Transferred 9, 000 units

Closing inventory, ½ completed 4, 000 units

¾ completed 4, 000 units

Question 1. What are the equivalent units of production (conversion) for the month of May, 2011 under FIFO method?

Question 2. What are the equivalent units of production (conversion) for the month of May, 2011 under average method?

Reference no: EM132715038

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