On August 1, Mega Manufacturing's Fabrication Department had 24,000 units in Beginning Work-in-Process that were 60% complete. Between August 1 and August 31, the department transferred a number of completed units to the Packaging Department. At the end of the month, on August 31, the Fabrication Department had 60,000 units in Work-in-Process that were 80% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. If the Fabrication Department had 190,000 equivalent units of production for materials for August, how many completed units did it transfer to the packaging Department? Mega uses the FIFO method. O 154,000 units. O 84,000 units. O 132,400 units. O 250,000 units.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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On August 1, Mega Manufacturing's Fabrication Department had 24,000 units in Beginning Work-in-Process that were 60% complete. Between August 1 and August 31, the department transferred a number of completed units to the Packaging Department. At the end of the month, on August 31, the Fabrication Department had 60,000 units in Work-in-Process that were 80% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. If the Fabrication Department had 190,000 equivalent units of production for materials for August, how many completed units did it transfer to the packaging Department? Mega uses the FIFO method.

- ○ 154,000 units.
- ○ 84,000 units.
- ○ 132,400 units.
- ○ 250,000 units.
Transcribed Image Text:On August 1, Mega Manufacturing's Fabrication Department had 24,000 units in Beginning Work-in-Process that were 60% complete. Between August 1 and August 31, the department transferred a number of completed units to the Packaging Department. At the end of the month, on August 31, the Fabrication Department had 60,000 units in Work-in-Process that were 80% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. If the Fabrication Department had 190,000 equivalent units of production for materials for August, how many completed units did it transfer to the packaging Department? Mega uses the FIFO method. - ○ 154,000 units. - ○ 84,000 units. - ○ 132,400 units. - ○ 250,000 units.
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