MCQS

1 Equivalent units measure the resources used in partially completed units relative to the resources needed to complete the units.*

False

True

2 Perry Company started 6,000 units during the month of March. 600 units were in the beginning work in process inventory and 400 units in the ending work in process inventory. Units completed and transferred out during March will be*

6,200

6,000

6,400

5,400