The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (39% completed) 4,100 units Completed units during June 64,700 units Ending inventory (63% complete) 3,500 units The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process, is a.64,100 units b.3,500 units c.60,600 units d.68,200 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The following production data were taken from the records of the Finishing Department for June:

Inventory in process, June 1 (39% completed) 4,100 units
Completed units during June 64,700 units
Ending inventory (63% complete) 3,500 units

The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process, is

a.64,100 units
b.3,500 units
c.60,600 units
d.68,200 units
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