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
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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