Rodrick Corporation experienced the following during April: Beginning work-in-process inventory 7,500 units, 40% of conversion added this
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Question:
Rodrick Corporation experienced the following during April:
Beginning work-in-process inventory | 7,500 units, 40% of conversion added this period |
Units started this period | 64,000 units |
Ending work-in-process inventory | 5,000 units, 60% of conversion added this period |
Materials are added at the beginning of the process and conversion occurs uniformly throughout the process. If the company uses FIFO costing, what are the equivalent units for direct materials and conversion?
66,500; 66,500
66,500; 72,000
71,500; 69,500
64,000; 65,000
None of these.
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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