Using the first-in first-out method of inventory costing


Question - Department M had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 units 30% completed at the end of June. Using the first-in, first-out method of inventory costing, what was the number of equivalent units of production for conversion costs for the period?

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Accounting Basics: Using the first-in first-out method of inventory costing
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