compute equivalent production ANSWER IN EXCEL FORM
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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- compute equivalent production
ANSWER IN EXCEL FORM
Transcribed Image Text:Helen Company uses FIFO Process costing. Data are as follows:
Beginning inventory, 40% complete
Units completed during period
25,000 units
500,000 units
Ending inventory, 70% completed
45,000 units
The cost of the beginning inventory was 14,500 and current period production costs were 834,400.
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