Oxyrom Company uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month of November appear below:- Beginning work in process inventory Transferred in from the prior department during November Completed and transferred to the next department during November Ending work in process inventory 43,200 units. 50,200 units. Units 3,800 46,700 48,280 units. 43,200 7,300 What were the equivalent units of production for conversion costs in the Brazing Department for November? Percentage complete 20% 80%

Oxyrom Company uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month of November appear below:- Beginning work in process inventory Transferred in from the prior department during November Completed and transferred to the next department during November Ending work in process inventory 43,200 units. 50,200 units. Units 3,800 46,700 48,280 units. 43,200 7,300 What were the equivalent units of production for conversion costs in the Brazing Department for November? Percentage complete 20% 80%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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