The Cutting Department's output during the period consists of 22,000 units completed and transferred out, and 4,000
The Cutting Department's output during the period consists of 22,000 units completed and transferred out, and 4,000
Chapter5: Process Costing
Section: Chapter Questions
Problem 14EA: A production department within a company received materials of $10,000 and conversion costs of...
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The Cutting Department's output during the period consists of 22,000 units completed and transferred out, and 4,000 units in ending work in process that were 25% complete as to materials and conversion costs. Beginning inventory was 2,000 units that were 25% complete as to materials and conversion costs. Under the FIFO method, what are the equivalent units of production for materials?
Group of answer choices
24,300
24,000
25,300
22,500
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