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17. Department B had 3,000 units in Work in Process that were 25% completed at t

ID: 2347536 • Letter: 1

Question

17.
Department B had 3,000 units in Work in Process that were 25% completed at the beginning of the period at a cost of $12,500. 13,700 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 1,700 units were 95% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $32,450 and factory overhead was $18,710.
The number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories was:
a. 13,615
b. 14,365
c. 15,865
d. 12,000

Explanation / Answer

c. 15,865

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