Question #3

The first production department in a process manufacturing system reports the following unit data. Prepare the department's equivalent units of production for direct materials for each of the three separate assumptions using the FIFO nethod. 2. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 70% L...malata se tn firect materials costs. 2. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 70% comnlate ae th dirent materiale rnete 3. Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 30% complete as to direct materials costs