Question 34

Keyi Textile Pty Ltd manufactures a variety of fabrics. The Weaving Department had 2,200 units in work in process on 1 April, which were 30 per cent complete as to conversion costs. During April, 10,000 units were completed and transferred out. On 30 April, 3,600 units remained in work in process and were 60 per cent complete as to conversion costs. Using the first-in-first-out (FIFO) method of process costing, the equivalent units of conversion cost for the month of April was _________.

	A	10,620
	b.	13,700
	c.	12,820
	d.	11,500
	e.	None of the answers.