A process’s beginning work in process inventory consists of 10,000 units that are 20% complete with respect to conversion costs. A total of 40,000 units are completed this period. There are 15,000 units in work in process, one-third complete for conversion, at period-end. The equivalent units of production (EUP) with respect to conversion at period-end, assuming the weighted-average method, are a. 45,000 EUP. c. 5,000 EUP. e. 43,000 EUP. b. 40,000 EUP. d. 37,000 EUP.
A process’s beginning work in process inventory consists of 10,000 units that are 20% complete with respect to conversion costs. A total of 40,000 units are completed this period. There are 15,000 units in work in process, one-third complete for conversion, at period-end. The equivalent units of production (EUP) with respect to conversion at period-end, assuming the weighted-average method, are a. 45,000 EUP. c. 5,000 EUP. e. 43,000 EUP. b. 40,000 EUP. d. 37,000 EUP.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A process’s beginning work in process inventory consists of
10,000 units that are 20% complete with respect to conversion
costs. A total of 40,000 units are completed this period.
There are 15,000 units in work in process, one-third
complete for conversion, at period-end. The equivalent
units of production (EUP) with respect to conversion at
period-end, assuming the weighted-average method, are
a. 45,000 EUP. c. 5,000 EUP. e. 43,000 EUP.
b. 40,000 EUP. d. 37,000 EUP.
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