Question: Current Attempt in Progress Sheridan Company uses the FIFO method to calculate equivalent units of production. It has 1700 units in beginning Work in Process

Current Attempt in Progress Sheridan Company uses the FIFO method to calculate equivalent units of production. It has 1700 units in beginning Work in Process inventory, 20% complete related to conversion costs and 60% complete related to direct materials costs, 24300 units started, and 3200 units in ending Work in Process inventory, 35% complete related to conversion costs, and 70% complete related to direct materials cost. How much are the equivalent units of production for direct materials under the FIFO method? 25040 Q24300 26000 24020

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