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A company's beginning work in process inventory consisted of 20,000 units that were one-fifth complete with respect to direct labor. These beginning units were completed
A company's beginning work in process inventory consisted of 20,000 units that were one-fifth complete with respect to direct labor. These beginning units were completed and another 90,000 units were started during the current period. Of those started, 60,000 were finished and the remaining 30,000 were one-third complete at the end of the period. Using FIFO, the equivalent units of production were: 60,000 74,000 76,000 86,000 A company expects its three departments to yield the following income for next year: Dept. A $6,000 Dept. B $5,000 Dept. c 6,800 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 2,000 1,500 3,500 $2,500 1,000 3,000 4,000 $1000 4,000 2,500 6,500 $300 Compute the change to the company's total net income if Dept. C is eliminated. $300 decrease $300 increase $2,800 increase $2.800 decrease
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