Bonita Company had the following department information about physical units and percentage of completion: Physical Units Work in process, May 1 (60%) 59100 Completed and transferred out 179500 Work in process, May 31 (40%) 49800 If all materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May?

Equivalent units of production= 229,300

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%.

answer; /// that is so (false);

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.