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Assume the following information: Percent Complete Milling Department Units Materials Conversion Beginning work in process inventory 300 60 % 30 % Units started into production
Assume the following information:
Percent Complete | |||||||||
Milling Department | Units | Materials | Conversion | ||||||
Beginning work in process inventory | 300 | 60 | % | 30 | % | ||||
Units started into production during March | 6,000 | ||||||||
Units completed during March and transferred to the next department | 5,800 | 100 | % | 100 | % | ||||
Ending work in process inventory | 500 | 60 | % | 40 | % | ||||
Using the FIFO method, what is the equivalent units of production for materials?
Multiple Choice
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5,920 units
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6,020 units
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5,890 units
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6,055 units
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