RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the product evenly throughout each process. During October, the first process finished and transferred 150,000 units of its product to the second process. Of these units, 30,000 were in process at the beginning of the month and 120,000 were started and completed during the month. The beginning work in process inventory was 30% complete. At the end of the month, the work in process inventory consisted of 20,000 units that were 80% complete. Compute the number of equivalent units of production for the first process for October using the FIFO method.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion
are added to the product evenly throughout each process.
During October, the first process finished and transferred 150,000 units of its product to the second
process. Of these units, 30,000 were in process at the beginning of the month and 120,000 were started
and completed during the month. The beginning work in process inventory was 30% complete. At the end
of the month, the work in process inventory consisted of 20,000 units that were 80% complete.
Compute the number of equivalent units of production for the first process for October using the FIFO
method.

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