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Kavan Corporation uses the FIFO method in its process costing system. Operating data for the Enameling Department for the mon
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Answer #1

C. 74,830

Units started and completed during the period = Units started into production during the period – Units in ending work in process inventory = 75,000 – 8,300 = 66,700

Conversion
To complete beginning work in process:
Conversion: 2,900 units × (100% – 20%) 2,320
Units started and completed 66,700
Ending work in process:
Conversion: 8,300 units × 70% 5,810
Equivalent units of production 74,830
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