Question: A company uses the FIFO method for inventory costing. At the beginning of a period, the production department had 40,000 units in beginning Work in

 A company uses the FIFO method for inventory costing. At the
beginning of a period, the production department had 40,000 units in beginning

A company uses the FIFO method for inventory costing. At the beginning of a period, the production department had 40,000 units in beginning Work in Process Inventory which were 30% complete the department completed and transferred 165,000 units. At the end of the period, 12,000 units were in the ending Work in Process inventory and are 65% complete. Compute the number of equivalent units produced by the department Multiple Choice 177.000 172.800 125.000 150 000 Multiple Choice O 177,000. O 172,800. 125,000 160,800 165,000

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