In applying the first-in, first-out method of costing inventories, if 8,000 units that are 30% completed are in process on june 1, 28,000 units are completed during june, and 4,000 units are 80% completed on june 30, the number of equivalent units of production for june is 28,600.a. true. b.false.

The FIFO method (first-in, first-out) considerate the amount of processing at the beginning and the end of the period. This two moments are converted in equivalent units as it follows:

On June 1, the 30% of 8000 units are completed: 0.30(8000) = 2400 completed units.

During June, 28,000 units are completed.

On June 30, the 80% of 4000 units are completed: 0.80(4000) = 3200 units completed. But these units are remaining from June 1. So, the actual amount of equivalent units from June 1 and June 30 is 3200 - 2400 = 800 units.

Then, we some the total of equivalent units of production 28000 + 800 = 28800.

Therefore, the answer is false, because is more than 28600.

step-by-step explanation: given equation a = h(b 1+b 2)

also we are given values of a, h and b 1 as :

a = 16, h = 4, and b 1 = 3.

in order to solve it for b 2, we need to plug the given values of   a, h and b 1 .

therefore, plugging values of   a, h and b 1   in given equation, we get

16 = 4( 3 + b 2)

first dividing both sides by 4, we get

4 = 3 + b 2

subtracting 3 from both sides, we get

4 -3 = 3 -3 + b 2

1 = b 2.