The Bottling Department of Mountain Springs Water Company had 5,000 liters in beginning work in process inventory
(20% complete). During the period, 58,000 liters were completed. The ending work in process inventory was 3,000 liters
(90% complete). What are the equivalent units for conversion costs under the FIFO method?

Question

The Bottling Department of Mountain Springs Water Company had 5,000 liters in beginning work in process inventory 
(20% complete). During the period, 58,000 liters were completed. The ending work in process inventory was 3,000 liters 
(90% complete). What are the equivalent units for conversion costs under the FIFO method?

Quizplus · Accepted Answer

The Answer of The Bottling Department of Mountain Springs Water Company had 5,000 liters in beginning work in process inventory 
(20% complete). During the period, 58,000 liters were completed. The ending work in process inventory was 3,000 liters 
(90% complete). What are the equivalent units for conversion costs under the FIFO method?

The Bottling Department of Mountain Springs Water Company Had 5,000