Question
Medina Corp. uses the weighted average method for inventory costs and had the following information available for the year. Beginning inventory of goods in process
Medina Corp. uses the weighted average method for inventory costs and had the following information available for the year.
Beginning inventory of goods in process (40% complete, $1,100) 200 units
Ending inventory of goods in process (80% complete).. 400 units
Total units started during the year.. 3,200 units
Equivalent units of production for the year are _____________________
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Financial Accounting
Authors: Belverd E. Needles
5th Edition
0395698022, 978-0395698020
