Compute the equivalent units of production

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Question - Deluz Corporation uses the FIFO method in its process costing. The following data pertain to its Assembly Department for August.



Percent Complete


Units

Materials

Conversion

Work in process, August 1

500

50%

45%

Units started into production during August

8,100



Units completed during August and transferred to the next department

7,200



Work in process, August 31

1,400

75%

30%

Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for August using the FIFO method.

Reference no: EM131817493

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