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Determine number of equivalent units of production in june

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Reference no: EM132805885

The following production data were taken from the records of the finishing department for June:

Inventory in process, June 1, 25% completed 440 units
Transferred to finished goods during June 4,500 units
Equivalent units of production during June 4,960 units

Problem 1: Determine the number of equivalent units of production in the June 30, finishing department inventory, assuming that the first-in, first-out method is used to cost inventories. The completion percentage of 25% applies to both direct materials and conversion costs.

a. 570 units
b. 456 units
c. 855 units
d. 684 units

Reference no: EM132805885

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