O€™Callahan Snack Company produces gourmet chips and other snack foods. One of the company€™s most popular snacks is a combination of several varieties of organic potatoes. The snack food goes through several processes including a potato peeling operation. Costs for operations during April are shown below.

O€™Callahan Snack Company uses the first-in, first-out method of computing equivalent units and assigning product costs.

Required
A. How many bags of the popular snack were completed during April?
B. Of the bags completed during April, how many bags were started and completed during themonth?

Transcribed Image Text:

Number of Bags 3,000 20,000 5,000 Production Costs Beginning work in process (10% complete) Current period production Ending work in process (85% complete) $10,000 70,240