Question
Dover Corporation's production cycle starts in the Mixing Department. The following information is available for November: Work in process, Nov 1 (50% complete) 50,000 units
- Dover Corporation's production cycle starts in the Mixing Department. The following
information is available for November:
Work in process, Nov 1 (50% complete) 50,000 units
Started in November 260,000 units
Work in process, Nov 30 (60% complete) 35,000 units
Materials are added at the beginning of the process in the Mixing Department. Using the
FIFO cost method, what are the equivalent units of production for the month of November?
a. Materials - 271,000 units; Conversion Cost - 260,000 units
b. Materials - 275,000 units; Conversion Cost - 310,000 units
c. Materials - 310,000 units; Conversion Cost - 275,000 units
d. Materials - 260,000 units; Conversion Cost - 271,000 units
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Bookkeeping And Accounting
Authors: Greg Shields
1st Edition
1983673536, 978-1983673535
