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For the current period, Jones started 22,000 units and completed 7,000 units, leaving the remaining units in process 40 percent complete. How many equivalent units
For the current period, Jones started 22,000 units and completed 7,000 units, leaving the remaining units in process 40 percent complete. How many equivalent units of production did Jones have for the period? Assuming total cost for production were 30000$, what would the cost per equivalent unit be? (2 marks for calculating equivalent units and 2 marks for total and 3 marks for equivalent unit cost=7 marks)
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