Quinn Corporation produces a product that passes through two processes. During October, the first department transferred 20,000 units to the second department. The cost of the units transferred was $60,000. Materials are added uniformly in the second process. The following information is provided about the second department’s operations during October:
Units, beginning work in process (1/3 complete) 6,000
Units, ending work in process ( complete) 4,000
-Refer to the figure.What would be the equivalent units for conversion using FIFO?
A) 10,000 units
B) 12,000 units
C) 22,000 units
D) 26,000 units
Correct Answer:
Verified
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