Question: Question 4 1 pts Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units:

 Question 4 1 pts Richards Corporation uses the FIFO method of

Question 4 1 pts Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 80,000 units, 60% complete as to materials and 20% complete as to conversion Units started and completed: 250,000. Units completed and transferred out: 330,000. Ending Inventory: 30,000 units, 40% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process - Conversion: $79.700. Costs incurred in October - Direct Materials: $646,800. Costs incurred in October - Conversion: $919,300. Calculate the equivalent units of materials. O 317.000 333,000 250.000 342,000 294,000

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