The Finishing Department of Garr Company has the following information available for 20xx: $\begin{array}{lrr}
& \text { Units } & \text { Complete } \
\text { Beginning work in process inventory } & 5,000 & 40 \text { percent } \
\text { Ending work in process inventory } & 2,500 & 80 \text { percent } \
\text { Units completed during } 20 \mathrm{xx} & 32,000 & 100 \text { percent }
\end{array}$ Assuming that Garr Company uses the FIFO process costing method,what are the equivalent units for conversion costs for 20xx?

Question

The Finishing Department of Garr Company has the following information available for 20xx: $\begin{array}{lrr}
& \text { Units } & \text { Complete } \
\text { Beginning work in process inventory } & 5,000 & 40 \text { percent } \
\text { Ending work in process inventory } & 2,500 & 80 \text { percent } \
\text { Units completed during } 20 \mathrm{xx}  & 32,000 & 100 \text { percent }
\end{array}$ Assuming that Garr Company uses the FIFO process costing method,what are the equivalent units for conversion costs for 20xx?

Quizplus · Accepted Answer

The Answer of The Finishing Department of Garr Company has the following information available for 20xx: $\begin{array}{lrr}
& \text { Units } & \text { Complete } \
\text { Beginning work in process inventory } & 5,000 & 40 \text { percent } \
\text { Ending work in process inventory } & 2,500 & 80 \text { percent } \
\text { Units completed during } 20 \mathrm{xx}  & 32,000 & 100 \text { percent }
\end{array}$ Assuming that Garr Company uses the FIFO process costing method,what are the equivalent units for conversion costs for 20xx?

The Finishing Department of Garr Company Has the Following Information