Units Percentage Complete Beginning work in process inventory 2400 40% Transferred in from the previous department during May 87000   Transferred to the next department 80800   Ending work in process inventory ? 60% Key Company uses the FIFO method in its process costing system. Operating data for the Enamelling Department for the mouth of May appear below: No losses occurred during the month. Calculate the equivalent units of production for conversion costs in the Enamelling Department for May: 85 960 85 000 93 200 80 800

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Units

Percentage Complete

Beginning work in process inventory

2400

40%

Transferred in from the previous department during May

87000

 

Transferred to the next department

80800

 

Ending work in process inventory

?

60%

Key Company uses the FIFO method in its process costing system. Operating data for the Enamelling Department for the mouth of May appear below:

No losses occurred during the month.

Calculate the equivalent units of production for conversion costs in the Enamelling Department for May:

  1. 85 960
  2. 85 000
  3. 93 200
  4. 80 800
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