Question
Materials are added at the beginning of the production process at Campo Company. Campo uses a FIFO process costing system. The following information on the
Materials are added at the beginning of the production process at Campo Company. Campo uses a FIFO process costing system. The following information on the physical flow of units is available for the month of November:
| Beginning work in process (70% complete) | 90,000 | |
| Started in November | 1,020,000 | |
| Completed in November and transferred out | 960,000 | |
| Ending work in process (40% complete) | 150,000 | |
Required:
Compute the equivalent units for the conversion cost calculation.
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Authors: Tom Litton, Poppy Behrens, Erica Shatzer, George Bernal
1st Edition
0977157814, 978-0977157815
