SerritoneSerritone

Corporation uses a process costing system to manufacture laptop PCs. The following information summarizes operations for its VeryLite model during the quarter ending

MarchMarch

31, Year 1:

LOADING...

(Click the icon to view the information.)Beginning work-in-process inventory was

5050%

complete for direct materials. Ending work-in-process inventory was

8080%

complete for direct materials. What were the equivalent units for direct materials for the quarter using the FIFO method?

1.482482

2.740740

3.640640

4.582

i Data Table - X Units 200 Direct Materials $ 64,000 540 Work-in-process inventory, January 1 Started during the quarter Completed during the quarter Work-in-process inventory, March 31 Costs added during the quarter 450 $ 870,000 Print Print Done Done Serritone Corporation uses a process costing system to manufacture laptop PCs. The following information summarizes operations for its veryLite model during the quarter ending March 31, Year 1: : (Click the icon to view the information.) Beginning work-in-process inventory was 50% complete for direct materials. Ending work-in-process inventory was 80% complete for direct materials. What were the equivalent units for direct materials for the quarter using the FIFO method? O 1. 482 2. 740 3. 640 4. 582