How many equivalent units are there for the period


Problem

A company is using process costing with the first-in, first-out (FIFO) method, and all costs are added evenly throughout the manufacturing process. If there are 5,609 units in beginning work in process inventory (30% complete), 10,000 units in ending work in process inventory (60%% complete), and 25,000 units started in process this period, how many equivalent units are there for this period?

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Finance Basics: How many equivalent units are there for the period
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