Using the following information,calculate equivalent units of production for XYZ Company using the FIFO method:
Beginning Inventory: 50,000 units,70% complete
Units started & completed: 100,000 units
Units in ending inventory: 25,000 units,40% complete
A) 175,000
B) 150,000
C) 145,000
D) 125,000
Correct Answer:
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