Question: FIFO EUP Using the information in Exercise E6-17 and assuming a FIFO method of process costing, determine the equivalent units of production for labor and

labor and overhead. c. Beginning WIP Inventory ( 55% complete) ...... 15,000

FIFO EUP Using the information in Exercise E6-17 and assuming a FIFO method of process costing, determine the equivalent units of production for labor and overhead. c. Beginning WIP Inventory ( 55% complete) ...... 15,000 Units started in production . . . . . . . . . . . . . . 405,000 Units transferred out. 415,800 Ending WIP Inventory ( 90% complete) d. Beginning WIP Inventory ( 35% complete) 10,800 Units started in production Units transferred out. Ending WIP Inventory ( 45% complete) 351,600 18,300 a. Beginning WIP Inventory (40% complete) 10,000 Units started in production . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Units transferred out. ................ 344,000 Ending WIP Inventory (70% complete )16,000

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