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Question
Use this information about the Finishing Department to answer the questions that follow.
The following production data were taken from the records of the Finishing Department for June:
Inventory in process, June 1 (30% completed) 4,000 units
Completed units during June 65,000 units
Ending inventory (60% complete) 7,000 units
All direct materials are added at the beginning of the process, and the first-in-first-out cost flow method is used.
The conversion equivalent units of production in the June 30 Finishing Department inventory are
a. 68,000 units
b. 70,400 units
c. 66,200 units
d. 4,200 units
Answer
This answer is hidden. It contains 1 characters.
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