Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger

Exercise 9

( Appendix 6A ) First-In, First-Out Method; Equivalent Units
Lawson Company produces a product where all manufacturing inputs are applied uniformly. Lawson produced the following physical flow schedule for March:

Required:
Prepare a schedule of equivalent units using the FIFO method.