JTS Limited operates a process in which there is opening and closing work in progress. At the start of June, opening work in progress consisted of 7,500 units which were 60% complete with respect to materials. 42,000 units of finished production were completed during June. At the end of the month, there were 8,000 units of work in progress which were 80% complete with respect to materials. What is the number of equivalent units of material added to the process during the month of June using the first in, first out method of valuing finished production and closing work in progress?
A) 39,100
B) 40,600
C) 43,600
D) 43,900

Question

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The Answer of JTS Limited operates a process in which there is opening and closing work in progress. At the start of June, opening work in progress consisted of 7,500 units which were 60% complete with respect to materials. 42,000 units of finished production were completed during June. At the end of the month, there were 8,000 units of work in progress which were 80% complete with respect to materials. What is the number of equivalent units of material added to the process during the month of June using the first in, first out method of valuing finished production and closing work in progress?
A) 39,100
B) 40,600
C) 43,600
D) 43,900

JTS Limited Operates a Process in Which There Is Opening