Question
The Oriole Company began the period with no units in process and 81000 units in Finished Goods inventory. During the period it sold 278000 units
The Oriole Company began the period with no units in process and 81000 units in Finished Goods inventory. During the period it sold 278000 units and had the following at the end of the period:
| Finished goods (units) | 39600 |
| Work-in-process inventory (50% conversion complete) | 11300 |
Equivalent units of production for the period totalled
a. 236600.
b. 313750.
c. 278000.
d. 242250.
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Financial ACCT2
Authors: Norman H. Godwin, C. Wayne Alderman
2nd edition
9781285632544, 1111530769, 1285632540, 978-1111530761
