TriCities Corporation
TriCities Corporation adds material at the start to its production process and has the following information available for August:
| Beginning Work in Process Inventory | (40% complete as to conversion) | 7,000 units |
| Started this period | 32,000 units | |
| Ending Work in Process Inventory | (25% complete as to conversion) | 2,500 units |
| Transferred out | ? |
Refer to TriCities Corporation.Calculate equivalent units of production for conversion using FIFO.
A) 30,125
B) 34,325
C) 37,125
D) 39,000
Correct Answer:
Verified
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