Solution-Compute the equivalent units of production

Compute the equivalent units of production

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Reference no: EM13965105

Refer to the data for Lindex Company in Exercise 4-2.
In Exercise 4-2, Lindex Company uses a process costing system. The following data are available for one department for October:

2303_260-B-M-A-P-C (1345).png

The department started 390,000 units into production during the month and transferred 410,000 completed units to the next department.

Required:

Compute the equivalent units of production for October assuming that the company uses the FIFO method for accounting for units and costs.

Reference no: EM13965105

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Compute the equivalent units of production

Reference no: EM13965105

Reference no: EM13965105

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