Compute for Equivalent Units of Production by preparing a Quantity Schedule

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute for Equivalent Units of Production by preparing a Quantity Schedule

Case 4:
Transferred Out
20,000 units
In Process, Beg
8,000 units, 1/5 done
Finished and on Hand
4,000 units
In Process, End
? units, 2/3 complete
Total Units to be
30,000
Accounted For
Transcribed Image Text:Case 4: Transferred Out 20,000 units In Process, Beg 8,000 units, 1/5 done Finished and on Hand 4,000 units In Process, End ? units, 2/3 complete Total Units to be 30,000 Accounted For
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