Question: Julia Company uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of 6,000 units that were 75% complete
Julia Company uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of 6,000 units that were 75% complete with respect to conversion costs. Ending work in process inventory consisted of 5,000 units that were 60% complete with respect to conversion costs. If 12,000 units were transferred to the next department during the period, the equivalent units for conversion cost would be:
a.
13,500 units
b.
10,500 units
c.
12,500 units
d.
13,000 units
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