Question: Solis Company uses the FIFO method to compute equivalent units. It has 6,000 units in beginning work in process, 40% complete as to conversion costs

Solis Company uses the FIFO method to compute equivalent units. It has 6,000 units in beginning work in process, 40% complete as to conversion costs and 80% completo as to materials costs, 64,000 units started, and 4,000 units in ending work in process, 30% complete as to conversion costs, and 80% complete as to materials cost. How much are the equivalent units for conversion costs under the FIFO method? 64.000 64.800 62,000 68,000 Solis Company uses the FIFO method to compute equivalent units. It has 6,000 units in beginning work in process, 40% complete as to conversion costs and 80% complete as to materials cost, 64,000 units started, and 4,000 units in ending work in process, 30% complete as to conversion costs, and 80% complete as to materials cost. How much are the equivalent units for materiale under the FIFO method? 68,000 64.800 70,000 64.400
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