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The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 , 2 5 % completed

The following production data were taken from the records of the Finishing Department for June:
Inventory in process, June 1,25% completed 51,500 units
Transferred to finished goods during June5,000 units
Equivalent unit of production during June5,200 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. The completion percentage of 25% applies to both direct materials and conversion costs.

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