Department A had 5,300 units in work in process that were 60% completed as to labor and overhead at the beginning of the period, 33,400 units were completed and transferred out during the period, 2,500 units were started during the period but not completed - they were 80% complete as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production with respect to materials for the period was: a. 29,800 b. 32,000 c. 30,600 d. 29,000

Department A had 5,300 units in work in process that were 60% completed as to labor and overhead at the beginning of the period, 33,400 units were completed and transferred out during the period, 2,500 units were started during the period but not completed - they were 80% complete as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production with respect to materials for the period was: a. 29,800 b. 32,000 c. 30,600 d. 29,000

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5E: The Converting Department of Worley Company had 2,400 units in work in process at the beginning of...

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