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IgorLugansk [536]
3 years ago
13

. A company's beginning work in process inventory consisted of 20,000 units that were one-fifth complete with respect to direct

labor. These beginning units were completed and another 90,000 units were started during the current period. Of those started, 60,000 were finished and the remaining 30,000 were one-third complete at the end of the period. Using FIFO, the equivalent units of production were:A. 60,000B. 74,000C. 76,000D. 86,000E. 90,000
Business
1 answer:
Elden [556K]3 years ago
6 0

Answer:

The correct answer is D. 86,000

Explanation:

<u>Units in production </u>

Beginning WIP                      20,000 x 4/5 =  16,000( one-fifth complete,  so 4/5 to complete )

Started and completed        60,000

Ending WIP                            30,000 x  1/3=10000   one-third complete

Total units  86,000

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- Hey there , ronisha!

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\large{ \tt{SEE \: THE \: ATTACHED \: PICTURE}}

\large{ \tt{E \: X \: P \: L \: A \: N \: A \: T \: I \: O \: N}} :

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