Question
The following refers to units processed by an ice cream maker in July. Gallons of Product Percent of Conversion% Beginning work in process 360,000 35
The following refers to units processed by an ice cream maker in July.
| Gallons of Product | Percent of Conversion% | |||
| Beginning work in process | 360,000 | 35 | ||
| Goods started | 700,000 | 100 | ||
| Goods completed | 760,000 | 100 | ||
| Ending work in process | 300,000 | 65 | ||
Compute the total equivalent units of production with respect to conversion for July using the FIFO method.
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
5th Canadian edition
77429494, 1259105709, 1260480798, 978-1259105708
