During October, total equivalent units of output were 86,000 using the weighted-average method. The information about the
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Question:
During October, total equivalent units of output were 86,000 using the weighted-average method. The information about the beginning and ending inventories for October were as follows:
Units in process, October 1, 40% complete 10,000 Units in process, October 31, 75% complete 16,000 What would have been total equivalent units of output if the FIFO method was used instead of the weighted-average method?
Group of answer choices
82,000
80,000
90,000
92,000
Related Book For
Advanced Accounting
ISBN: 9781260247824
14th Edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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