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A company has the following work in process inventory information: 6,000 units were in beginning inventory. 12,000 units were started. 5,000 units
A company has the following work in process inventory information:
• 6,000 units were in beginning inventory.
• 12,000 units were started.
• 5,000 units were in ending inventory.
• Beginning inventory is 60% complete for materials and 40% complete for conversion.
• Ending inventory is 30% complete for materials and 80% complete for conversion.
What is the number of equivalent units for materials using a weighted average process costing?
• 6,000 units were in beginning inventory.
• 12,000 units were started.
• 5,000 units were in ending inventory.
• Beginning inventory is 60% complete for materials and 40% complete for conversion.
• Ending inventory is 30% complete for materials and 80% complete for conversion.
What is the number of equivalent units for materials using a weighted average process costing?
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
