Question
A company had the following information available for the year: Beginning inventory of goods in process (40% complete, $1,100), ending inventory of goods in process
A company had the following information available for the year: Beginning inventory of goods in process (40% complete, $1,100), ending inventory of goods in process (80% complete) 400 units, total units started during the year 3,200 units. What is the number of units transferred to finished goods during the year? b)FIFO equivalent units of production for the year are?
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
