Answer:
Equivalent units of production= 229,300
Step-by-step explanation:
Giving the following information:
Physical Units Work in process, May 1 (60%) 59100
Completed and transferred out 179500
Work in process, May 31 (40%) 49800
To calculate the equivalent units, we need to use the following formula:
Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production
Equivalent units of production= 179,500 + 49,800*1
Equivalent units of production= 229,300
Because the direct material is added at the beginning of the process, the %of completion is 100%.