Department W had 2,940 units, one-third completed at the beginning of the period; 13,800 units were transferred to Department X from Department W during the period; and 1,550 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs. The total number of units to be assigned cost on the cost of production report for Department W is Oa. 13.800 units Ob. 16740 units Oc. 15.190 units Od. 15350 units

Department W had 2,940 units, one-third completed at the beginning of the period; 13,800 units were transferred to Department X from Department W during the period; and 1,550 units were one-half completed at the end of the period. Assume the completion ratios apply to direct materials and conversion costs. The total number of units to be assigned cost on the cost of production report for Department W is Oa. 13.800 units Ob. 16740 units Oc. 15.190 units Od. 15350 units

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Description: Department W had 2,940 units, one-third completed at the beginning of the period; 13,800 units were transferred to Department X fromDepartment W during the period; and 1,550 units were one-half completed at the end of the period. Assume the completi

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Department M had 2,300 units 56% completed in process at the beginning of June, 11,300 units completed during June, and 1,800 units 33% completed at the end of June. The number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories is Oa. 9,000 units Ob. 13,694 units Oc. 10,606 units Od. 11,894 units
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