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Xeno, Inc. operates a process costing system and uses the FIFO method. Beginning work in process consists of 1,000 units, 30% complete. Ending work in process is 15% complete, and direct materials are added at the 20% point. The equivalent units of production for materials are 14,000 and for conversion costs are 18,000.
-The number of units in ending work in process was
A) 37,000
B) 14,000
C) 18,000
D) 22,000

Question

Quizplus · Accepted Answer

Ending work in process units = (Equivalent units of production for materials / % complete at end) - Beginning work in process units= (14,000 / 15%) - 1,000= 22,000

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