Multiple Choice
Assume that conversion costs are $122,100 for the month, and the equivalent unit cost for conversion is $5.50. The ending work in process is 80% complete, and the beginning work in process consisted of 2,000 units, 40% complete. The company completed 17,000 units. What is the number of whole units in the ending work in process under the FIFO method?
A) 6,000 units
B) 6,500 units
C) 7,500 units
D) 5,200 units
Correct Answer:
Verified
Correct Answer:
Verified
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