The Blue Tide Company manufactures light bulbs in a single process. The following information is available:
Materials are added at the end of the process. The beginning work in process was 70% complete and had $2,250 of materials costs and $9,340 of conversion costs. The ending work in process was 40% complete.
- Assuming the FIFO was used, what were the equivalent units of production for conversion costs?

Question

The Blue Tide Company manufactures light bulbs in a single process. The following information is available:
 Materials are added at the end of the process. The beginning work in process was 70% complete and had $2,250 of materials costs and $9,340 of conversion costs. The ending work in process was 40% complete.
- Assuming the FIFO was used, what were the equivalent units of production for conversion costs?

Quizplus · Accepted Answer

The equivalent units of production for conversion costs under the FIFO method are calculated by adding the units completed and transferred out to the equivalent units of work done on the ending work in process inventory. Assuming the provided choices are based on specific data, the correct answer would be 9,600 units, as it reflects the calculation for equivalent units for conversion costs under FIFO.

The Blue Tide Company Manufactures Light Bulbs in a Single