Question

The following production data were taken from the records of the Finishing Department for June:

Inventory in process, June 1, 30% completed 4,000 units
Completed units during June 65,000 units
Ending inventory, 60% completed 65,000 units

The number of materials equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories and materials were added at the beginning of the process, is:______

Answer 1

Answer:

the equivalent units of production related to the material is 126,000 units

Explanation:

The computation of the equivalent units of production related to the material is shown below:

= Completed units + Ending inventory units - Beginning inventory units.

= 65,000 units + 65,000 units -  4,000 units

= 126,000 units

hence, the equivalent units of production related to the material is 126,000 units