Question
how many of the ubits were started and complwted in october
ane Industries manufactures plastic toys. During Odober, Janes Fabrication Department started work on 10 000 models. During
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Answer #1
Janes fabrication dept.
FIFO Method:
Equivalent Units
DM Conversion costs
Whole units % Units % Units
Opening WIP 3100
Started 10000
Total Units to account for 13100
Opening WIP 3100 0 0 75 2325
Completed and tfd.( 11600 - 3100 ) 8500 100 8500 100 8500
Closing WIP 1500 100 1500 50 750
Total Units to account for ( EUP) 13100 10000 11575
Option A is correct.
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