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Which of the following statements referring to a production report is not correct? The equivalent units in the ending work - in - process inventory
Which of the following statements referring to a production report is not correct?
The equivalent units in the ending workinprocess inventory will be different if
the weightedaverage method is used than it will be if the FIFO method is used.
The total "Costs to be accounted for" must equal the total cost of the units
completed and transferred out, plus the cost of the ending workinprocess
inventory.
The total of the "Units to be accounted for" will equal the total of the "Units
accounted for."
The quantity schedule deals with physical units, not whole units.
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