USING FIFO COMPUTE THE EQUIVALENT FULL UNITS OF PRODUCTION

The Dyeing Department of Anderson Inc, works on only one product. All costs are incurred uniformly while these units remain in the department. On November 1, 5,000 units were in process that were 40% completed. An additional 40,000 units were transferred into the Dyeing Department during November. At November 30 , there were 20,000 units in process that were 80% completed. Compute the equivalent full units of production for the Dyeing Department during November using the FIFO method. a. 40,000 b. 25,000 c. 20,000 d. 39,000