Use this information about the Finishing Department to answer the question that follows. The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (36% completed) 4,700 units Completed units during June 59,600 units Ending Inventory (57% complete) 4,300 units All direct materials are added at the beginning of the process, and the first-in-first-out cost flow method is used. The materials equivalent units of production in the June 30 Finishing Department inventory are

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Use this information about the Finishing Department to answer the question that follows.
The following production data were taken from the records of the Finishing Department for June:
Inventory in process, June 1 (36% completed)
4,700 units
Completed units during June
59,600 units
Ending inventory (57% complete)
4,300 units
All direct materials are added at the beginning of the process, and the first-in-first-out cost flow method is used.
The materials equivalent units of production in the June 30 Finishing Department inventory are
Oa. 63,900 units
Ob. 4,300 units
Oc. 54.900 units
Od. 59,200 units
Transcribed Image Text:Use this information about the Finishing Department to answer the question that follows. The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (36% completed) 4,700 units Completed units during June 59,600 units Ending inventory (57% complete) 4,300 units All direct materials are added at the beginning of the process, and the first-in-first-out cost flow method is used. The materials equivalent units of production in the June 30 Finishing Department inventory are Oa. 63,900 units Ob. 4,300 units Oc. 54.900 units Od. 59,200 units
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