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Determine the equivalent units of production using fifo

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Reference no: EM132617232

Alma Ltd manufactue high grade oil. All necessary material is added at the start of the process.

The WIP account had the following balances

WIP at the start                6000                 50%complete

WIP at the end                  6000                   70% complete

Material added for the month was sufficient to commence production on 27000 batches

Conversion costs are added uniformly throughout the process

Problem 1: Determine the equivalent units of production using F.I.F.O

Reference no: EM132617232

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