Lindex company uses a process costing system the following

Reference no: EM13601063

Lindex Company uses a process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 50,000 90% 60% Work in process, October 31 30,000 70% 50% The department started 390,000 units into production during the month and transferred 410,000 completed units to the next department.

Required: Compute the equivalent units of production for October assuming that the company uses the FIFO method for accounting for units and costs.

Reference no: EM13601063

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