the equivalent units for materials for june using the fifo method were 635055
Harward Company”s Staining department recorded the following activity in June:
|
|
|
Labor and |
|
|
Number of |
Overhead Percent |
|
|
Units |
Completed |
|
Work in process inventory, June 1 |
8,000 |
35% |
|
Started into production during June |
50,000 |
|
|
Work in process inventory, June 30 |
12,000 |
55% |
All materials are added at the beginning of the process in the Staining Department.
The equivalent units for materials for June, using the FIFO method, were:
A) 46,000 units
B) 42,000 units
C) 58,000 units
D) 50,000 units