Question
The following production data were taken from the records of the Finishing Department for June: Inventory in process, 6-1 ( 60% completed) 5,557 units Completed
The following production data were taken from the records of the Finishing Department for June: Inventory in process, 6-1 ( 60% completed) 5,557 units Completed units during June 61,771 units Ending inventory (53% complete) 2,928 units Determine the number of material equivalent units of production for the month of June in the Finishing Department, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process. Select the correct answer. 2,928 units 59,142 units 59,989 units 61,771 unit
The following production data were taken from the records of the Finishing Department for June: Inventory in process, 6-1 ( 60% completed) 5,557 units Completed units during June Ending inventory (53% complete) Determine the number of material equivalent units of production for the month of June in the Finishing Department, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process. Select the correct answer. 61,771 units 2,928 units 2,928 units 59,142 units 59.989 units 61771 unitsStep by Step Solution
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