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7) Edelstein Company had the following data for 2018: Units in process at the beginning of the month 4,000 Units in process a
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Answer #1

Answer : 39400

Calculated as Following

Equivalent units of production (EUP) for Material- FIFO method
Material
Units % Conversion EUP-Conversion
FINISHED FROM OPENING WIP 4000 60% 2400
STARTED AND FINISHED 30000 100% 30000
CLOSING WORK IN PROGRESS 10000 70% 7000
Total Units 44000 39400

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