Question: Crowd Corp uses the FIFO method for process costing. The company's only processing department began May with 8,000 units of product in process (30% of
Crowd Corp
uses the FIFO method for process costing. The company's only
processing department began
May with 8,000 units of product in process (30% of the
conversion process completed). During May,
Crowd
started 65,000 units of new
product, of which 7,800 units remained in ending inventory (45% of the conversion
process completed). If materials are adde
d when the units are 50% complete with
respect to conversion, how many equivalent whole units with respect to materials
would
Crowd Corp
have in May?
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