Find the number of equivalent completed units in department

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The quantity schedules of the company are as follows

opening units 1200

units completed and transfered to dept2 27600

ending units in process 2400

opening units in process in the department are 30% complete

ending units in process in the department are 60% complete

Question 1: If fifo method was used to value closing work in process , the number of equivalent completed units in department 1 will be?

Question 2: If average method is used to value closing work in process, the number of equivalent completed units in department 1 will be?

Reference no: EM132567431

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