Salmont Corporation uses the FIFO method in its process costing system. The company reported 42,000 equivalent units of production for materials last month. The company's beginning work in process inventory consisted of 9,500 units, 35% complete with respect to materials. The ending work in process inventory consisted of 7,500 units, 65% complete with respect to materials. The number of units started during the month was:
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Ответ:
38,450 units
Explanation:
The computation of the number of units started during the month is shown below:
ParticularsUnits in processPercentage of completionEquivalent units completed
Equivalent units 42,000 units 100% 42,000 units
Less:
Beginning work in process 9,500 units 65% 6,175 units
Ending work in process 7,500 units 65% 4,875 units
Equivalent units for started and completed 30,950 units
Add: Ending Inventory units 7,500 units
The number of units started during the month 38,450 units
Ответ:
i Think its look a little bad
Explanation: