Final answer:
To calculate the total number of equivalent units for materials during May, you need to consider both the completed and transferred out units, as well as the units still in progress. By multiplying the number of units in each category by their respective percentage of completion, you can determine the equivalent units. In this case, the total number of equivalent units for materials during May is 170,000 units.
Step-by-step explanation:
To calculate the total number of equivalent units for materials during May, we need to consider both the units that were completed and transferred out, as well as the units that were still in progress at the end of May. From the given information, 150,000 units were completed and transferred out, and there were 50,000 units still in process at 40% completion.
To calculate the equivalent units, we multiply the number of units in each category by their respective percentage of completion:
- Equivalent units for completed and transferred out units = 150,000 units
- Equivalent units for work in process = 50,000 units * 40% = 20,000 units
Therefore, the total number of equivalent units for materials during May is 150,000 units + 20,000 units = 170,000 units.