Managerial Accounting: E21-5 In Ramirez Company, materials are entered at the beginning
Managerial Accounting E21-5 In Ramirez Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Departemnt in selected months during 2010 are as follows. Instructions: a. Compute the physical units for January and May. b. Compute the equivalent units of production for (1) materials and (2) conversion cost for each month.