The information below was obtained from the records of one of the departments of Cushing Corporation for the month of August. The company uses the first-in, first-out method in its process costing system. All materials are added at the beginning of the process.The equivalent units for materials for the month of August are:
A) 75,000 units
B) 85,000 units
C) 87,500 units
D) 95,000 units

Question

The information below was obtained from the records of one of the departments of Cushing Corporation for the month of August. The company uses the first-in, first-out method in its process costing system.  All materials are added at the beginning of the process.The equivalent units for materials for the month of August are:
A) 75,000 units 
B) 85,000 units 
C) 87,500 units 
D) 95,000 units

Quizplus · Accepted Answer

The Answer of The information below was obtained from the records of one of the departments of Cushing Corporation for the month of August. The company uses the first-in, first-out method in its process costing system.  All materials are added at the beginning of the process.The equivalent units for materials for the month of August are:
A) 75,000 units 
B) 85,000 units 
C) 87,500 units 
D) 95,000 units

The Information Below Was Obtained from the Records of One