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During October, total equivalent units of output were 86,000 using the FIFO method. The information about the beginning and ending inventories for October were as
During October, total equivalent units of output were 86,000 using the FIFO method. The information about the beginning and ending inventories for October were as follows: Units in process, October 1, 40% complete Units in process, October 31, 75% complete 10,000 16,000 What would have been total equivalent units of output if the Weighted Average method was used instead of the FIFO method? 92,000 90,000 80,000 82,000
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