In: Accounting
Waterway Company had the following department information about physical units and percentage of completion: Physical Units Work in process, May 1 (60%) 15000 Completed and transferred out 25600 Work in process, May 31 (50%) 11400 Materials are added at the beginning of the production process. Conversion costs are added equally throughout production. What is the total number of equivalent units during May for conversion costs if the weighted-average method is used? 52000 31300 22300 31600