The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1, 1/3 completed Transferred to finished goods during June Equivalent units of production during June 1,500 units 5,000 units 5,200 units Determine the number of equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories. OA. 700 units OB. 200 units OC. 1,000 units OD. 300 units

The following production data were taken from the records of the Finishing Department for fune: Determine the number of equivalent units of production in the june 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories. A 700 units B. 200 units C. 1,000 units D. 300 units