The information below was obtained from the records of Bapst Company for the month of May. The company uses the FIFO method in its process costing system.
|
Labor and Overhead |
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|
Units |
Percent Complete |
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|
Work in process inventory, May 1 |
3,000 |
30% |
|
|
Started into production |
20,000 |
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Work in process inventory, May 31 |
4,000 |
40% |
|
All materials are added at the beginning of the manufacturing process.
The equivalent units for material for the month are:
A) 21,600 units
B) 22,500 units
C) 16,000 units
D) 20,000 units