Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5]
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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:
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Production data:
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Pounds in process, May 1; materials
100% complete; conversion 90% complete
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86,000
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Pounds started into production during May
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510,000
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Pounds completed and transferred out
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?
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Pounds in process, May 31:
materials 70% complete; conversion 30% complete
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55,000
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Cost data:
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Work in process inventory, May 1:
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Materials cost
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$
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98,200
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Conversion cost
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$
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62,600
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Cost added during May:
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Materials cost
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$
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510,275
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Conversion cost
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$
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344,375
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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?