The Finishing Department of Berle Industries works on only one product, and all costs are incurred uniformly while these units remain in the department. On March 1, 6,000 units were in process that were 45% completed. An additional 60,000 units were completed during March. At March 31, there were 25,000 units in process that were 75% completed. Compute the equivalent full units of production for the Finishing Department during March using the FIFO method.

Respuesta :

Answer:

57,050 units

Explanation:

The computation of the equivalent full units of production for the Finishing Department is shown below:

= Beginning work in process units × remaining percentage + units started and completed × completion percentage + ending work in process units × completion percentage

= 6,000 units × 55% + 35,000 units × 100% + 25,000 units × 75%

= 3,300 units + 35,000 units + 18,750 units

= 57,050 units

The units started and completed units is

= 60,000 units - 25,000 units

= 35,000 units