Question: need sone help and explanation on doing the FIFO been sreuggling and just simply dont understand what to do? As much as i try just


Oriole Inc, started the period with an opening Work-in-Progress (WIP) Inventory of 1400 units that were 100% complete with regard to Direct Materials (DM) and 50% complete with regard to Conversion Costs (CC). During the period, the company started 6800 new units, and had completed and removed 6200 units from WIP inventory. 2000 units in ending inventory were 100% complete with respect to Direct Materials and 50% complete with respect to Conversion Costs. What will be the total equivalent units of Direct Materials if the First-in, First-Out (FIFO) method is used, and what would be the answer if the Weighted-Average method is used? 6800 for FIFO and 8200 for Weighted-Average 6200 for FIFO and 8200 for Weighted-Average 8200 for FIFO and 6800 for Weighted-Average 8200 for FIFO and 6200 for Weighted-Average Oriole Inc. started the year with 6300 individual apple sauce containers in the company's Work-in-Progress (WIP) Inventory with 26% being complete overall. Oriole adds both Conversion Costs (CC) and Direct Material (DM) resources evenly throughout the process. During the year, Oriole started 104900 more containers and had completed 91300 in total by the end of the year. Their ending WIP Inventory units are 73% complete overall. Using the First-In. First-Out (FIFO) method of process costing, what are the equivalent units of production for the year? 105827 units 91300 units 104189 units 111200 units The management for Cullumber Corp. has asked the company's cost accountant Mark to compile some data about their process costing. Cullumber Corp. is a regional factory that manufactures peach-scented soy candles that are sold in glass mason jars. During their most recent year, Cullumber started 50300 candles and completed a total of 37950 by the end of the year. The company began the year with 3380 candles in its Work-in-Progress (WIP) Inventory, about 29% incomplete, and the ending WIP Inventory units are 20% incomplete overall. Cullumber adds both Conversion Costs (CC) and Direct Material (DM) resources evenly throughout the process. Mark has decided to use First-In, First-Out (FIFO) for the company's process costing and has determined the equivalent units to be which of the following? 50534 units 49615 units 48134 units 38416 units
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