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Compute what equivalent units of production for materials

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Problem 1: The Cutting Department's output during the period consists of 22500 units completed and transferred out, and 4200 units in ending work in process that were 20% complete as to materials and conversion costs. Beginning inventory was 1600 units that were 20% complete as to materials and conversion costs. Under the FIFO method, what are the equivalent units of production for materials?

Option 1: 24100

Option 2: 23020

Option 3: 23660

Option 4: 23340

Reference no: EM132693439

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