Question
The Hillside Company has the following data for the current period Beginning inventory units 3,000 Units started in production 20,000 Units finished during the period
The Hillside Company has the following data for the current period
| Beginning inventory units | 3,000 |
| Units started in production | 20,000 |
| Units finished during the period | 16,000 |
| Units in process at the end of the period (1/2 complete as to materials, 1/4 complete as to labor and overhead) | 4,000 |
For the calculation of FIFO cost per unit, how many units were completely started and finished in the current period?
Numeric Response
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Advanced Financial Accounting
Authors: Theodore Christensen, David Cottrell, Cassy Budd
13th Edition
1260772136, 9781260772135
