Question

Refer to the data for Lindex Company in Exercise 4–2.
In Exercise 4–2, Lindex Company uses a process costing system. The following data are available for one department for October:


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 andcosts.


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  • CreatedSeptember 27, 2013
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