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Axis Ltd uses process costing. The following information was available for the current year: Number of units in beginning work-in-process inventory 4000 (30% complete) Number
Axis Ltd uses process costing. The following information was available for the current year:
Number of units in beginning work-in-process inventory | 4000 | (30% complete) |
Number of units started in the current period | 35 000 |
|
Number of units in ending work-in-process inventory | 3000 | (80% complete) |
If Axis uses the weighted-average method, how many total equivalent units were completed in the current period?
37 400 equivalent units | ||
39 000 equivalent units | ||
38 800 equivalent units | ||
38 400 equivalent units |
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