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The Following Data Have Been Provided by Brice Corporation for the 3-D

Question 126

Essay

The following data have been provided by Brice Corporation for the 3-D Printing Department. The company uses the FIFO method in its process costing.
 Units in process, August 1 : materials 60% complete, conversion 30% complete 900 Units started into production during August 8,400 Units started and completed during August 6,500 Units completed and transferred to the next department during August 7,400 Units in process, August 31 : materials 65% complete, conversion 25% complete 1,900\begin{array}{|l|r|}\hline \begin{array}{l}\text { Units in process, August } 1 \text { : materials } 60 \% \text { complete, conversion } 30 \% \\\text { complete }\end{array} & 900 \\\hline \text { Units started into production during August } & 8,400 \\\hline \text { Units started and completed during August } & 6,500 \\\hline \text { Units completed and transferred to the next department during August } & 7,400 \\\hline \begin{array}{l}\text { Units in process, August } 31 \text { : materials } 65 \% \text { complete, conversion } 25 \% \\\text { complete }\end{array} & 1,900 \\\hline\end{array}

Required:
Determine the equivalent units of production for the 3-D Printing Department for August using the FIFO method.

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