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 Of all materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation