FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Sunland Company uses the FIFO method to compute equivalent units. It has 4500 units in beginning work in process, 20% complete as
to conversion costs and 50% complete as to materials costs, 65500 units started, and 5900 units in ending work in process, 30%
complete as to conversion costs, and 80% complete as to materials cost. How much are the equivalent units for materials under the
FIFO method?
65500
70000
O66570
O68650
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Transcribed Image Text:Sunland Company uses the FIFO method to compute equivalent units. It has 4500 units in beginning work in process, 20% complete as to conversion costs and 50% complete as to materials costs, 65500 units started, and 5900 units in ending work in process, 30% complete as to conversion costs, and 80% complete as to materials cost. How much are the equivalent units for materials under the FIFO method? 65500 70000 O66570 O68650
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