During September,the Filtering Department of Olive Inc.had beginning transferred in units of 500 units with costs of $125,000.During the month,it started and completed 700 units.It had 100 units in the ending Work-in-Process Inventory.What is the number of equivalent units of production for transferred in units transferred to the Filtering Department in September under the first-in-first-out (FIFO) method?
A) 500 units
B) 800 units
C) 1,000 units
D) 400 units
Correct Answer:
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