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question steel company uses first in first out fifo method to calculate manufacturin 4290815


Steel Company uses first-in, first-out (FIFO) method to calculate manufacturing cost per unit. Based on the following data calculate May direct materials equivalent units if materials are added at the beginning of the process:

Inventory in process, May 1 (25% completed)           4,000 units

Units started during May                                           52,000 units

Units completed in May                                            46,000

Units in process, May 31 (60% completed)               10,000 units

Please show work

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