n April, Smith Company had the following results:Production: Line Item Description Units Units in process, April 1, 50% complete 36,000 units Units completed and transferred out 110,000 units Units in process, April 31, 20% complete 39,000 units Costs: Line Item Description Amount Work in process, April 1 $5,900 Costs added during April $44,000 Determine the equivalent units using the first-in, first-out costing method assuming costs are added uniformly. a. 117,800 equivalent units b. 99,800 equivalent units c. 110,000 equivalent units d. 131,000 equivalent units

n April, Smith Company had the following results:Production: Line Item Description Units Units in process, April 1, 50% complete 36,000 units Units completed and transferred out 110,000 units Units in process, April 31, 20% complete 39,000 units Costs: Line Item Description Amount Work in process, April 1 $5,900 Costs added during April $44,000 Determine the equivalent units using the first-in, first-out costing method assuming costs are added uniformly. a. 117,800 equivalent units b. 99,800 equivalent units c. 110,000 equivalent units d. 131,000 equivalent units

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter5: Process Cost Accounting—general Procedures

Section: Chapter Questions

Problem 19E

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Line Item Description	Units
Units in process, April 1, 50% complete	36,000 units
Units completed and transferred out	110,000 units
Units in process, April 31, 20% complete	39,000 units

Line Item Description	Amount
Work in process, April 1	$5,900
Costs added during April	$44,000

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