Ozogus Company uses the FIFO method in its process costing system.Operating data for the Brazing Department for the month of November appear below: What were the equivalent units for conversion costs in the Brazing Department for November?
A)36,600
B)35,800
C)39,300
D)34,800

Question

Ozogus Company uses the FIFO method in its process costing system.Operating data for the Brazing Department for the month of November appear below:   What were the equivalent units for conversion costs in the Brazing Department for November?
A)36,600 
B)35,800 
C)39,300 
D)34,800

Quizplus · Accepted Answer

FIFO method
Units started and completed during the period = Units started into production during the period -
Units in ending work in process inventory = 35,300 - 5,000 = 30,300
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Ozogus Company Uses the FIFO Method in Its Process Costing