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How much are the equivalent units for materials under fifo

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Reference no: EM132541171

Question 1: Oriole Company uses the FIFO method to calculate equivalent units. It has 2100 units in beginning Work in Process, 15% done, to conversion costs and 55% done to materials costs, 24500 units started, and 3100 units in ending Work in Process, 25% done to conversion costs, and 85% done as to materials cost. How much are the equivalent units for materials under the FIFO method?

Option 1: 24980

Option 2: 24500

Option 3: 26135

Option 4: 26600

Reference no: EM132541171

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