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 transferred-in costs under the FIFO method are calculated to be:
A)12,000.
B)10,000.
C)9,600.
D)9,000.
E)7,000.

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 transferred-in costs under the FIFO method are calculated to be:
A)12,000. 
B)10,000. 
C)9,600. 
D)9,000. 
E)7,000.

Quizplus · Accepted Answer

The Answer of 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 transferred-in costs under the FIFO method are calculated to be:
A)12,000. 
B)10,000. 
C)9,600. 
D)9,000. 
E)7,000.