Pitt Enterprises manufactures jeans All materials are introduced at the beginning of the manufacturing process in the Cutting department Conversion costs are incurred uniformly throughout the manufacturing process As the cutting of material is completed, the pieces are immediately transferred to the Sewing department Information for the Cutting department for the month of May follows Units Direct materials Percent Complete Conversion Percent Complete Beginning work in process inventory 48,000 100 70 Units started this period 190,000 Units completed and transferred out 181,000 Ending work in process inventory 57,000 100 80 Production cost information for the Cutting department follows Beginning work in process Direct materials $ 72,100 Conversion 34,820 $ 106,920 Costs added this period Direct materials $ 343,600 Conversion 354,550 $ 698,150 If Pitt Enterprises uses the FIFO method of process costing, compute the equivalent units for direct materials and conversion respectively for May A) 190,000 direct materials 193,000 conversion B) 238,000 direct materials 226,600 conversion C) 133,000 direct materials 133,000 conversion D) 193,000 direct materials 190,000 conversion E) 193,000 direct materials 193,000 conversion

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Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting department. Conversion costs are incurred uniformly throughout

Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting department. Conversion costs are incurred uniformly throughout the manufacturing process. As the cutting of material is completed, the pieces are immediately transferred to the Sewing department. Information for the Cutting department for the month of May follows.

	Units	Direct materials Percent Complete	Conversion Percent Complete
Beginning work in process inventory	48,000	100%	70%
Units started this period	190,000
Units completed and transferred out	181,000
Ending work in process inventory	57,000	100%	80%

Production cost information for the Cutting department follows:

Beginning work in process
Direct materials	$ 72,100
Conversion	34,820	$ 106,920
Costs added this period
Direct materials	$ 343,600
Conversion	354,550	$ 698,150

If Pitt Enterprises uses the FIFO method of process costing, compute the equivalent units for direct materials and conversion respectively for May. A) 190,000 direct materials; 193,000 conversion. B) 238,000 direct materials; 226,600 conversion. C) 133,000 direct materials; 133,000 conversion. D) 193,000 direct materials; 190,000 conversion. E) 193,000 direct materials; 193,000 conversion.

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Step: 1

To solve for the equivalent units using the FIFO FirstIn FirstOut method in process costing follow these steps Step 1 Calculate the Equivalent Units f... blur-text-image