The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (33% completed) 6,000 units Completed units during June 63,900 units Ending inventory (56% complete) 3,400 units The number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories, is Oa. 61,300 units Ob. 57,900 units Oc. 1,904 units Od. 67,300 units

The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (33% completed) 6,000 units Completed units during June 63,900 units Ending inventory (56% complete) 3,400 units The number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories, is Oa. 61,300 units Ob. 57,900 units Oc. 1,904 units Od. 67,300 units

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Description: The following production data were taken from the records of the FinishingDepartment for June:Inventory in process, June 1 (33% completed)6,000 unitsCompleted units during June63,900 unitsEnding inventory (56% complete)3,400 unitsThe number of conve

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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