Reference: 16_03
Medina Corp -FIFO Equivalent Units of Production for the Year Are:
A)

Multiple Choice

Reference: 16_03
Medina Corp. had the following information available for the year:
$\begin{array}{llr} \text { Beginning inventory of goods in process ( \( 40 \% \) complete,} &200 \text { unit}\\ \$ 1,100) \\ \text {Ending inventory of goods in process (80\% complete) } &400 \text { unit}\\ \text { Total units started during the year} &3,200 \text { unit}\end{array}$

-FIFO equivalent units of production for the year are:

A) 3,320 units.
B) 3,200 units.
C) 3,240 units.
D) 3,520 units.
E) 3,420 units.