Question
Department M had 2,400 units 51% completed in process at the beginning of June, 11,000 units completed during June, and 1,100 units 30% completed at
Department M had 2,400 units 51% completed in process at the beginning of June, 11,000 units completed during June, and 1,100 units 30% completed at the end of June. The number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories is
a.11,330 units
b.12,430 units
c.8,600 units
d.10,106 units
Department S had 600 units 74% completed in process at the beginning of the period, 8,900 units completed during the period, and 900 units 40% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost.
a.9,716
b.8,300
c.8,456
d.8,816
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