Question: Bramble Company uses the FIFO method to compute equivalent units of production. It had 4000 units in beginning work in process inventory that were 25%

Bramble Company uses the FIFO method to compute equivalent units of production. It had 4000 units in beginning work in process inventory that were 25% complete as to conversion costs and 50% complete as to materials costs, 63000 units started, and 6000 units in ending work in process inventory that were 30% complete as to conversion costs, and 80% complete as to materials cost. What are the equivalent units of production for materials under the FIFO method?

66000

67000

63000

63800

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Solis Company uses the FIFO method to compute equivalent units. It has 4,000 units in beginning work in process, 20% complete as to conversion costs and 50% complete as to materials costs, 66,000...

Crane Company uses the FIFO method to compute equivalent units. It has 3700 units in beginning work in process, 20% complete as to conversion costs and 50% complete as to materials costs, 65300 units...

Ox Company uses the FIFO method to compute equivalent units of production. It has unit costs of $10 for materials and $20 for conversion costs. If there are 2,500 units in ending work in process,...

please complete A2 X + yplus.com/edugenti/main.uni Return to Blackboard Weygandt, Accounting Principles, 13e Help System Announcements CALCULATOR PRINTER VERSION BACK roblem 21-7A 31-03, b (Part...

Bramble Company uses the FIFO method to calculate equivalent units. It has 1900 units in beginning Work in Process, 20% complete as to conversion costs and 55% complete as to materials costs, 24100...

13. Solis Company uses the FIFO method to compute equivalent units. It has 4,000 units in beginning work in process, 20% complete as to conversion costs and 50% complete as to materials costs, 55,000...

Question 23 Bramble Company uses the FIFO method to calculate equivalent units. It has 1900 units in beginning Work in Process, 20% complete as to conversion costs and 40% complete as to materials...

Bramble Company uses the FIFO method to calculate equivalent units. It has 1900 units in beginning Work in Process, 20% complete as to conversion costs and 40% complete as to materials costs, 25900...

Question 9 Bonita Company uses the FIFO method to calculate equivalent units. It has 2300 units in beginning Work in Process, 10% complete as to conversion costs and 60% complete as to materials...

The Cutting Department of Lasso Company has the following production and cost data for August. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during...

The gearset of Prob. 1424 needs improvement of wear capacity. Toward this end the gears are nitrided so that the grade 1 materials have hardnesses as follows: The pinion core is 250 and the pinion...

Read the case study starbucks, and answer the following questions: 1: If Starbucks was an animal, which animal would it be, and why? 2: If Starbucks was a color, which color would it be, and Why? 3:...

p Covered ( C ) . Heidi Hei Jensen, a foreign exchange trader at J . P . Morgan Chase, can invest $ 5 milion, or the foreign curnency equivaient of the bankis short leme lunde, in a mactly equal the...

Organizational values direct only internal actions within a company.

Understand how an international company applies principles and practices from its home base to new and complex environments.

Understand the need for contingent workers and their impact on operations.

Learn about HRM challenges in the textile industry.