Sun Chemicals uses a weighted-average process-costing system. The following data relate to May:Work in Process, May 1:25,000 pounds Direct Material 70% complete Conversion 80% completeUnits started into production80,000 poundsWork in Process, May 31:30,000 pounds Direct Material 40% complete Conversion 65% completeRequired:A. Calculate the number of pounds completed during May.B. Calculate equivalent units of materials and conversion for May.C. Does Sun introduce all of its direct materials at the very beginning of production? Explain your answer.
What will be an ideal response?
A. 25,000 + 80,000 - 30,000 = 75,000
B.
| ? | Units | |
| Completed and transferred out during May | ? | 75,000 |
| Work in process at May 31 | 30,000 | ? |
| Percentage complete as to material | × 40% | 12,000 |
| Equivalent units: materials | ? | 87,000 |
| ? | Units |
| Completed and transferred out during May | ? | 75,000 |
| Work in process at May 31 | 30,000 | ? |
| Percentage complete as to conversion | × 65% | 19,500 |
| Equivalent units: conversion | ? | 94,500 |
C. No. The ending work-in-process inventory is only 40% complete with respect to materials. If materials were introduced at the very beginning of the process, this number would be 100%.
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