Question
The following production data were taken from the records of the Finishing Department: Inventory units in process, June 1 (30% complete) 4,000 Started & Completed
The following production data were taken from the records of the Finishing Department: Inventory units in process, June 1 (30% complete) 4,000 Started & Completed units during June 54,000 Total Completed units during June 58,000 Ending inventory units, June 30(60% complete) 3,000 Determine the number of conversion equivalent units of production in the June 30th finishing department inventory, assuming FIFO is used:
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Auditing The Art And Science Of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser-Hogeterp
11th Edition
0132088061, 978-0132088060
