Determine the number of equivalent units of production in

Assignment Help Accounting Basics

Reference no: EM13571395

Inventory in process, 6-1,
25% completed	1,500 units
Transferred to finished goods
during June	5,000 units
Equivalent units of production
during June	5,200 units

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. Assume the completion percentage of 25% applies to both direct materials and conversion costs.

a. 1,000 units

b. 200 units

c. 300 units

Reference no: EM13571395

Questions Cloud

Discuss some similarities and differences between the birth : discuss some similarities and differences between the birth story in matthew and luke. how might the differences be

The following data have been recorded for recently : the following data have been recorded for recently completed job 674 on its job cost sheet. direct materials cost was

If fixed costs are 490000 the unit selling price is 35 and : if fixed costs are 490000 the unit selling price is 35 and the unit variable costs are 20 what is the break-even sales

On january 1 2013 cameron inc bought 10 of the outstanding : on january 1 2013 cameron inc. bought 10 of the outstanding common stock of lake construction company for 160 million

Determine the number of equivalent units of production in : inventory in process 6-1nbspnbsp25 completed1500 unitstransferred to finished goodsnbspnbspduring june5000

Discuss some similarities and differences between genesis 1 : discuss some similarities and differences between genesis 1 and genesis 2. which one is true? how might one accept both

Ewer firm will finance a proposed investment by issuing new : ewer firm will finance a proposed investment by issuing new securities while maintaining its optimal capital structure

Prepare all appropriate journal entries related to the : as a long-term investment at the beginning of the fiscal year florists international purchased 30 of nursery supplies

Mocha company manufactures a single product by a continuous : mocha company manufactures a single product by a continuous process involving three production departments. the records

User Account

All Pages