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An error was made in the computation of the stage of completion of the current year's ending work in process inventory. The error resulted in

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An error was made in the computation of the stage of completion of the current year's ending work in process inventory. The error resulted in assigning a lower stage of completion to each component of the inventory than actually was the case. What is the resultant effect of this error upon: 1. 12. 13. 14. (1) (2) (3) The computation of equivalent units in total? The computation of costs per equivalent unit? Costs assigned to cost of goods completed for the period? 15. 31 Overstate Overstate Understate

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