The following data relate to the Blending Department of Tru-Color Paint Corporation for a recent month: All materials are added prior to the beginning of work in the Blending Department. Assuming Tru-Color Paint Corporation uses the FIFO method, the equivalent units for conversion costs would be:
A)42,600
B)44,400
C)46,000
D)54,000

Question

The following data relate to the Blending Department of Tru-Color Paint Corporation for a recent month:  All materials are added prior to the beginning of work in the Blending Department. Assuming Tru-Color Paint Corporation uses the FIFO method, the equivalent units for conversion costs would be:
A)42,600 
B)44,400 
C)46,000 
D)54,000

Quizplus · Accepted Answer

The Answer of The following data relate to the Blending Department of Tru-Color Paint Corporation for a recent month:  All materials are added prior to the beginning of work in the Blending Department. Assuming Tru-Color Paint Corporation uses the FIFO method, the equivalent units for conversion costs would be:
A)42,600 
B)44,400 
C)46,000 
D)54,000

The Following Data Relate to the Blending Department of Tru-Color