A company\'s beginning work in process inventory consisted of20,000 units that w
ID: 2433469 • Letter: A
Question
A company's beginning work in process inventory consisted of20,000 units that were 1/5 complete with respect to direct labor.These beginning units were completed and another 90,000 units werestarted during the current period. Of those started, 60,000 werefinished and the remaining 30,000 were 1/3 complete at the end ofthe period. Using the weighted-average method, the equivalent unitsof production with regard to direct labor were:
Choose one answer.
A. 60,000.
B. 74,000.
C. 76,000.
D. 90,000.
E. 96,000.
A. 60,000.
B. 74,000.
C. 76,000.
D. 90,000.
E. 96,000.
Explanation / Answer
Choose one answer. A. 60,000. B. 74,000. C. 76,000. D. 90,000. E. 96,000.
Equivalent Units ============== WIP(opening)20,000 units 1/5 complete i.e 20,000 x1/5 = 4,000 eq. units but completed 100% i.e. 20,000 units
Added to production 90,000units 60,000 units 100%complete i.e.60,000 units Blalance 30,000units 1/3complete i.e.10,000 units ------------------ Totalequivalentunits 90,000units ============= A. 60,000. B. 74,000. C. 76,000. D. 90,000. E. 96,000.
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