Question
The followinginformation pertains to the company: Work in process, 1/1(20% complete) 8000 units Started in January40000 units Work in process, 1/3112000 units Materials are added
The followinginformation pertains to the company:
Work in process, 1/1(20% complete) 8000 units
Started in January40000 units
Work in process, 1/3112000 units
Materials are added atthe beginning of the process. If equivalent units of production forconversion using the weighted average method was 39,000, endingwork in process at 1/31 must have been
A. 15% complete
B. 30% complete
C. 25% complete
D. 97.5% complete
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
