Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were...

 

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Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period Costs added during period: $ 60,000 Direct materials (10,400 at $9.8365) 102,300 Direct labor Factory overhead 79,800 25,200 Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, the equivalent units for materials and conversion costs, respectively, are Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period Costs added during period: $ 60,000 Direct materials (10,400 at $9.8365) 102,300 Direct labor Factory overhead 79,800 25,200 Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, the equivalent units for materials and conversion costs, respectively, are

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To calculate the equivalent units for materials and conversion costs using the firstin firstout FIFO ... View the full answer