Question

Department m had 2,400 units 51% completed in process at the beginning of june, 12,200 units completed during june, and 1,200 units 32% completed at the end of june. what was the number of equivalent units of production for conversion costs for june if the first-in, first-out method is used to cost inventories?

a. 11,360 units
b. 12,584 units
c. 9,800 units
d. 13,784 units

Answer 1

The number of equivalent units of production for conversion costs in June is 13,808 units using the first-in, first-out method.

Step-by-step explanation:

To calculate the number of equivalent units of production for conversion costs, we need to consider the units that were in process at the beginning of June, the units completed during June, and the units that were in process at the end of June.

Beginning Units: 2,400 units * 51% = 1,224 equivalent units

Completed Units: 12,200 units

Ending Units: 1,200 units * 32% = 384 equivalent units

Total Equivalent Units: Beginning Units + Completed Units + Ending Units = 1,224 + 12,200 + 384 = 13,808 equivalent units

Therefore, the number of equivalent units of production for conversion costs for June using the first-in, first-out method is

13,808 units