Question
The following information pertains to XYZ Company. 1,500 units (100% complete for DM, 40% for conversion costs) WIP, beginning inventory (April 1) 3,700 Started during
The following information pertains to XYZ Company.
| 1,500 units (100% complete for DM, 40% for conversion costs) | WIP, beginning inventory (April 1) |
| 3,700 | Started during April |
| 3800 | Completed and TO during April |
| 1,400 (100% complete for DM, and 45% for conversion cost) | WIP, ending inventory |
Assume that the company uses FIFO method, what are the total equivalent units with respect to conversion costs?
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Financial Accounting
Authors: J. David Spiceland ,Wayne M. Thomas ,Don Herrmann
2nd Revised Edition
0071088385, 978-0071088381
