What are the equivalent units


A department had 17,500 units that were 25% complete in beginning Goods in Process Inventory. During the current period 84,000 units were transferred in. Ending Goods in Process Inventory was 21,000 units that were 65% complete. Assume this company uses the FIFO method of process costing and direct material is added uniformly throughout the process. What are the equivalent units produced with respect to direct material?

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Accounting Basics: What are the equivalent units
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