Roussey Co.had the following information for the month of June:
Beginning work-in-process inventory is 30 percent complete as to conversion.Ending work-in-process inventory is 40 percent complete as to conversion.Materials are added at the end of the process.
The equivalent units for conversion under the FIFO method are calculated to be:

Question

Roussey Co.had the following information for the month of June: 
Beginning work-in-process inventory is 30 percent complete as to conversion.Ending work-in-process inventory is 40 percent complete as to conversion.Materials are added at the end of the process.
The equivalent units for conversion under the FIFO method are calculated to be:

Quizplus · Accepted Answer

Using the FIFO method, the equivalent units for conversion are calculated by adding the equivalent units from the beginning work-in-process inventory to the equivalent units completed during the period.

Beginning work-in-process inventory: 
30% complete as to conversion 
= 30% × 10,000 units 
= 3,000 equivalent units

Ending work-in-process inventory: 
40% complete as to conversion 
= 40% × 6,000 units 
= 2,400 equivalent units

Units completed during the period: 
10,000 units

Total equivalent units for conversion: 
3,000 equivalent units + 10,000 units + 2,400 equivalent units 
= 15,400 equivalent units

Therefore, the correct choice is C) 9,600.