Sarfina Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below:
| |
Units |
Percent Complete with Respect to Conversion |
| Beginning work-in-process inventory |
15,000 |
20% |
| Transferred in from the prior department during September |
89,000 |
|
| Ending work-in-process inventory |
24,000 |
90% |
According to the company's records, the conversion cost in beginning work-in-process inventory was $15,660 at the beginning of September. Additional conversion costs of $526,524 were incurred in the department during the month.
What would be the equivalent units for conversion for September?
86,600.
89,600.
98,600.
102,600