Question
Yang Ltd. began the period with no units in process and 80,000 units in finished goods inventory. During the period it sold 280,000 units and
Yang Ltd. began the period with no units in process and 80,000 units in finished goods inventory. During the period it sold 280,000 units and also had the following at the end of the period:
Finished goods (units) 40,000 Work in process (50% conversion complete) 12,000
Equivalent units for the period totalled
314,000.
240,000.
246,000.
280,000.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15th edition
978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290
