A department's beginning inventory of work in process was 1 ,000 units that were 25 percent complete.

Question:

A department's beginning inventory of work in process was 1 ,000 units that were 25 percent complete. During the month, 9,000 units were transferred into the department, 8,600 were completed and transferred out, and the 1,400 on hand were 60 percent complete. What is the equivalent production for the month if the average cost method is used?

LO.1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting Principles And Applications

ISBN: 9780028034287

6th Edition

Authors: Horace R. Brock, Linda Herrington

Question Posted: