The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs. 15,000 units were received from the previous department. The ending Work-in-Process Inventory consisted of 2,000 units which were 50% complete as to materials and 30% complete as to conversion costs. The Finishing Department uses first-in, first-out (FIFO) process costing.
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What are the equivalent units of production for the conversion costs during the period?
A) 14,500.
B) 15,100.
C) 16,500.
D) 17,100.

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The Answer of The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 30% complete as to conversion costs. 15,000 units were received from the previous department. The ending Work-in-Process Inventory consisted of 2,000 units which were 50% complete as to materials and 30% complete as to conversion costs. The Finishing Department uses first-in, first-out (FIFO) process costing.
-
What are the equivalent units of production for the conversion costs during the period?
A) 14,500.
B) 15,100.
C) 16,500.
D) 17,100.

The Finishing Department Had 5,000 Incomplete Units in Its Beginning