The equivalent units for materials under the FIFO method

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Reference no: EM13866542

Solis Company uses the FIFO method to compute equivalent units. It has 12,000 units in beginning work in process, 20% complete as to conversion costs and 40% complete as to materials costs, 65,000 units started, and 5,000 units in ending work in process, 60% complete as to conversion costs, and 45% complete as to materials cost. How much are the equivalent units for materials under the FIFO method

A. None of these. B. 69,450. C. 55,800. D. 57,800. E. 69,000

Reference no: EM13866542

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