Myrna's Manufacturing has 6,000 units in beginning work in process, 15% complete as to conversion costs, 15,000 units transferred out to finished goods, and 2,000 units in ending work in process 10% complete as to conversion costs. Materials are fully added at the beginning of the process. How much are equivalent units for conversion costs if the FIFO method is used?
16,100
15,900
14,300
13,900
None of the above
Can someone explain me the First-in First-out reasoning while computing EU for conversion costs (should be equal to 14,300)?