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Stanley Company adds materials at the beginning of the process in Department M. Data concerning the materials used in the March production follows: Units Work
Stanley Company adds materials at the beginning of the process in Department M. Data concerning the materials used in the March production follows:
| Units |
Work in process at March 1 | 15,000 |
Started during March | 38,000 |
Completed and transferred to next department during March | 37,000 |
Normal spoilage incurred | 2,000 |
Work in process at March 31 | 14,000 |
Using the average cost method, the equivalent units for the materials unit cost calculation are:
a. | 38,000. |
b. | 51,000. |
c. | 55,000. |
d. | 37,000. |
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