Question 3

Below is information about ABC Ltd., a chemical producer, for the month of June:

Question 3 Below is information about ABC Ltd., a chemical producer, for the month of June: 24,900 units Work in process, beginning inventory Transferred-in units-100% complete Direct materials-0% complete Conversion costs-80% complete Transferred in during June Completed and transferred out during June Work in process, ending inventory Transferred-in units-100% complete Direct materials-0% complete Conversion costs-40% complete 178,600 units 175,100 units ? units How many units are in ending work in process inventory? Units in ending work in process LINK TO TEXT LINK TO TEXT Under FIFO, what are the equivalent units of production for the month of June for materials? Equivalent units of production for materials LINK TO TEXT LINK TO TEXT Under FIFO, what are the equivalent units of production for the month of June for conversion costs? Equivalent units of production for conversion costs