The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (39% completed) 5,300 units Completed units during June 55,300 units Ending inventory (56% complete) 3,700 units The number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out imethod is used to cost inventories, is Oa, 50.000 unita Ob. 2.072 unita Oc. 59.000 unite Od. 53,700 unita

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 15E: Costs per equivalent unit and production costs Based on the data in Exercise 17-14, determine the...
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The following production data were taken from the records of the Finishing Department for June:
Inventory in process, June 1 (39% completed)
Completed units during June
Ending inventory (56% complete)
5,300 units
55,300 units
3,700 units
The number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is
used to cost inventories, is
Oa, 50.000 unita
Ob. 2.072 unita
Oc. S9.000 unita
Od. 53,700 unita
Transcribed Image Text:The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (39% completed) Completed units during June Ending inventory (56% complete) 5,300 units 55,300 units 3,700 units The number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories, is Oa, 50.000 unita Ob. 2.072 unita Oc. S9.000 unita Od. 53,700 unita
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