Question
Department A had 4,200 units in work in process that were 80% completed as to labor and overhead at the beginning of the period, 28,300
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Department A had 4,200 units in work in process that were 80% completed as to labor and overhead at the beginning of the period, 28,300 units of direct materials were added during the period, 29,500 units were completed during the period; and 3,000 units were 31% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for material costs for the period was
a.25,300
b.28,300
c.32,500
d.29,500
Department A had 4,200 units in work in process that were 80% completed as to labor and overhead at the beginning of the period, 28,300 units of direct materials were added during the period, 29,500 units were completed during the period; and 3,000 units were 31% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for material costs for the period was
a.25,300
b.28,300
c.32,500
d.29,500
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
