The following production data were taken from the records of the Finishing Department for June: What is the number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories?
A) 68,000 units
B) 70,400 units
C) 66,200 units
D) 4,200 units

Question

The following production data were taken from the records of the Finishing Department for June:  What is the number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories?
A) 68,000 units 
B) 70,400 units 
C) 66,200 units 
D) 4,200 units

Quizplus · Accepted Answer

The Answer of The following production data were taken from the records of the Finishing Department for June:  What is the number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories?
A) 68,000 units 
B) 70,400 units 
C) 66,200 units 
D) 4,200 units

The Following Production Data Were Taken from the Records of the Finishing