Landry Co. had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $14,000.Total equivalent units for materials under the FIFO method are calculated to be:
A)1,110 equivalent units.
B)1,080 equivalent units.
C)1,032 equivalent units.
D)1,008 equivalent units.
E)1,320 equivalent units.

Question

Landry Co. had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $14,000.Total equivalent units for materials under the FIFO method are calculated to be:
A)1,110 equivalent units. 
B)1,080 equivalent units. 
C)1,032 equivalent units. 
D)1,008 equivalent units. 
E)1,320 equivalent units.

Quizplus · Accepted Answer

The Answer of Landry Co. had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $14,000.Total equivalent units for materials under the FIFO method are calculated to be:
A)1,110 equivalent units. 
B)1,080 equivalent units. 
C)1,032 equivalent units. 
D)1,008 equivalent units. 
E)1,320 equivalent units.

Landry Co Had the Following Information for the Month of December