The Cutting Department's output during the period consists of 22,000 units completed and transferred out, and 4,000 units in ending work in process that were 25% complete as to materials and conversion costs. Beginning inventory was 2,000 units that were 25% complete as to materials and conversion costs. Under the FIFO method, what are the equivalent units of production for materials?
A) 24,300
B) 22,500
C) 25,300
D) 24,000

Question

Quizplus · Accepted Answer

The Answer of The Cutting Department's output during the period consists of 22,000 units completed and transferred out, and 4,000 units in ending work in process that were 25% complete as to materials and conversion costs. Beginning inventory was 2,000 units that were 25% complete as to materials and conversion costs. Under the FIFO method, what are the equivalent units of production for materials?
A) 24,300
B) 22,500
C) 25,300
D) 24,000

The Cutting Department's Output During the Period Consists of 22,000