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Assume the following information:
| | | Percent Complete | |
| Milling Department | Units | Materials | | Conversion | |
| Beginning work in process inventory | | 300 | | 60 | % | | 30 | % | |
| Units started into production during March | | 6,000 | | | | | | | |
| Units completed during March and transferred to the next department | | 5,800 | | 100 | % | | 100 | % | |
| Ending work in process inventory | | 500 | | 60 | % | | 40 | % | |
| | |
Using the FIFO method, what is the equivalent units of production for materials?
Multiple Choice
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5,920 units
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6,020 units
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5,890 units
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6,055 units
Answer & Explanation
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