If Department H had 600 units, 60% completed, in process at the beginning of the period, 8,000 units were completed during the period, and 500 units were 30% completed at the end of the period, what was the number of equivalent units of production for the period if the first-in, first-out method is used to cost inventories?

Answer

7,790

8,390

8,600

8,000

7.700 7790

8,390

85 To calculate the number of equivalent units of production using the first-in, first-out (FIFO) method, we need to consider the following:

1. Calculate the equivalent units for units completed and transferred out:
Equivalent units = Units completed and transferred out + (Units in ending work in process x Percentage completed at the end)

2. Calculate the equivalent units for units in ending work in process:
Equivalent units = Units in ending work in process x Percentage completed at the end

Let's calculate these values step by step:

1. Calculate the equivalent units for units completed and transferred out:
Units completed and transferred out = 8,000 (given)
Units in ending work in process = 0 (since it is not mentioned)

Equivalent units for units completed and transferred out = 8,000 + (0 x Percentage completed at the end) = 8,000

2. Calculate the equivalent units for units in ending work in process:
Units in ending work in process = 500 (given)
Percentage completed at the end = 30%

Equivalent units for units in ending work in process = 500 x 30% = 150

Now, calculate the total equivalent units of production for the period:
Total equivalent units of production = Equivalent units for units completed and transferred out + Equivalent units for units in ending work in process
= 8,000 + 150
= 8,150

Therefore, the number of equivalent units of production for the period, using the FIFO method, is 8,150.

Since none of the given answer options exactly match this result, it's possible that there was an error in the calculation or the answer options provided are not accurate.