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Compute the equivalent production using FIFO and Average Method Work in process beginning: 6,000 units, 1/2 completed; 9,000 units, 1/3 completed Started in process: 30,000
Compute the equivalent production using FIFO and Average Method
- Work in process beginning: 6,000 units, 1/2 completed; 9,000 units, 1/3 completed
- Started in process: 30,000 units
- Completed and transferred: 20,000 units
- Work in process end: 1/4 is 2/5 completed; 1/2 is 4/5 completed; balance 1/10 completed
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