Winkle Company Uses the FIFO Method in Its Process Costing

question 18

Multiple Choice

Winkle Company uses the FIFO method in its process costing system.At the beginning of March,the work-in-process inventory in the Blending Processing Center consisted of 5,000 units,90% complete with respect to conversion costs.At the end of the month,the work-in-process inventory consisted of 2,000 units that were 60% complete with respect to conversion costs.If 10,000 units were transferred to the next processing center during the month,what would be the equivalent units of production for conversion costs?

• A) 6,700 units.
• B) 11,700 units.
• C) 10,300 units.
• D) 13,000 units.

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Definitions:

Intrinsic Notions

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Intrinsically Motivated

This refers to being motivated by internal factors, such as personal satisfaction or interest, rather than external rewards or pressures.

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