if department H had 600 units 60% completed in process at the beginning of the p

Question

if department H had 600 units 60% completed in process at the beginning of the period 8000 units were completed during the period in 500 units with 30% completed at the end of the period what was the number of equivalent units of production for the period of first in first out method is used to cost inventories? if department H had 600 units 60% completed in process at the beginning of the period 8000 units were completed during the period in 500 units with 30% completed at the end of the period what was the number of equivalent units of production for the period of first in first out method is used to cost inventories? if department H had 600 units 60% completed in process at the beginning of the period 8000 units were completed during the period in 500 units with 30% completed at the end of the period what was the number of equivalent units of production for the period of first in first out method is used to cost inventories?

Explanation / Answer

Opening stock 600 x 40% =240

add completed during

the period =5400 (8000-600)

add closing WIP 500 x 30%= 150

EUP = 5790

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