Solution-Compute the equivalent units for materials using

Compute the equivalent units for materials using fifo

Reference no: EM132032155

Question - Beginning inventory, 12,000 (50 percent complete with respect to materials and 30 percent complete with respect to conversion costs).

Transferred out, 63,000 gallons.

Ending inventory (materials are 20 percent complete; conversion costs are 10 percent complete).

Started this month, 72,000 gallons.

a) Compute the equivalent units for materials using FIFO.

b) Compute the equivalent units for conversion costs using FIFO.

Reference no: EM132032155

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Compute the equivalent units for materials using fifo

Reference no: EM132032155

Reference no: EM132032155

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