EXERCISE 4A–8 Computation of Equivalent Units—FIFO Method [LO6]
QualCon, Inc., produces wine bottles for vintners in a process that starts in the Melt and Mold Department. Data concerning that department’s operations in the most recent period appear below:
QualCon uses the FIFO method in its process costing system. Compute the equivalent units of production for the period for the Melt and Mold Department.