The activity in Nolan Company's Blending Department for the month of April is given below: All materials are added at the beginning of processing in the Blending Department.
-The equivalent units for material for the month,using the FIFO method,are:
A)50,000 units
B)58,000 units
C)54,000 units
D)60,000 units

Question

The activity in Nolan Company's Blending Department for the month of April is given below:  All materials are added at the beginning of processing in the Blending Department.
-The equivalent units for material for the month,using the FIFO method,are:
A)50,000 units 
B)58,000 units 
C)54,000 units 
D)60,000 units

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 = 50,000 - 10,000 = 40,000
 11eaa48f_7bd4_70e2_9e4a_ff769b7b2503_TB2485_00

The Activity in Nolan Company's Blending Department for the Month