A process with no beginning work in process, completed and transferred out 95,000 units during a...
Question:
A process with no beginning work in process, completed and transferred out 95,000 units during a period and had 50,000 units in the ending work in process inventory that were 30% complete. The equivalent units of production for the period were:
a. 110,000 equivalent units
b. 47,500 equivalent units
c. 95,000 equivalent units
d. 145,000 equivalent units
Equivalent Units of Production:
The equivalent units of production for the period incorporates the total units of production for the period, less any previous work in progress and add any current units work in process.
Answer and Explanation: 1
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View this answerThe equivalent units of production for the period were:
a. 110,000 equivalent units
b. 47,500 equivalent units
c. 95,000 equivalent units
d....
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The Weighted-Average Method of Equivalent Units of Production
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Chapter 4 / Lesson 8
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Learn about how to use the weighted-average method of equivalent units of production in accounting. Use conversion to find the number of equivalent goods, while remembering the goods transferred out for the cost reconciliation report.
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