Question
Department M had 2,400 units 59% completed in process at the beginning of June, 13,700 units completed during June, and 1,600 units 25% completed at
Department M had 2,400 units 59% completed in process at the beginning of June, 13,700 units completed during June, and 1,600 units 25% 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.15,700 units
b.14,100 units
c.12,684 units
d.11,300 units
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
