Department B of SimTech Manufacturing Company presents the following production data for the month of October 2019: Beginning inventory (3/8 completed) 8,000 units Started in process 26,000 units Transferred out 18,000 units Ending inventory: (1/2 completed) 8,000 units (3/4 completed) 8,000 units What are the equivalent units of production for the month of October 2019 using Average Method? A. 28,000 units B. 25,000 units C. 26,000 units D. 30,000 units
Department B of SimTech Manufacturing Company presents the following production data for the month of October 2019: Beginning inventory (3/8 completed) 8,000 units Started in process 26,000 units Transferred out 18,000 units Ending inventory: (1/2 completed) 8,000 units (3/4 completed) 8,000 units What are the equivalent units of production for the month of October 2019 using Average Method? A. 28,000 units B. 25,000 units C. 26,000 units D. 30,000 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Department B of SimTech Manufacturing Company presents the following production data for the month of October 2019:
Beginning inventory (3/8 completed) 8,000 units
Started in process 26,000 units
Transferred out 18,000 units
Ending inventory:
(1/2 completed) 8,000 units
(3/4 completed) 8,000 units
What are the equivalent units of production for the month of October 2019 using Average Method?
A. 28,000 units
B. 25,000 units
C. 26,000 units
D. 30,000 units
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