Question: A process with no beginning Work in Process inventory, completed and transferred out 10100 units during a period and had 4700 units in the ending
A process with no beginning Work in Process inventory, completed and transferred out 10100 units during a period and had 4700 units in the ending Work in Process inventory that were 40% complete related to conversion costs. Direct materials are added 70% at the beginning of the process and 30% when the units are 90% complete. How much is equivalent units of production for the period for conversion costs if the FIFO method is used?
12430 equivalent units of production
14800 equivalent units of production
11980 equivalent units of production
11510 equivalent units of production
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