Question
Sheffield Company had the following department information about physical units and percentage of completion: Physical Units Work in process inventory, May 1 (55% complete) 56000
Sheffield Company had the following department information about physical units and percentage of completion:
| Physical Units | ||
|---|---|---|
| Work in process inventory, May 1 (55% complete) | 56000 | |
| Completed and transferred out | 191000 | |
| Work in process inventory, May 31 (45% complete) | 52000 | |
If all materials are added at the beginning of the production process, what are the equivalent units of production for materials during May?
214400.
239600.
247000.
243000.
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
