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If equivalent units are 12,000 for conversion costs and units transferred out equals 10,000, using weighted average costing, what stage of completion should the ending work in process be for the 16,000 units remaining? (DO NOT USE ANY SYMBOLS OR COMMAS). If the answer is 50%, it should be written as 0.50

If equivalent units are 12,000 for conversion costs and units transferred out equals 10,000, using weighted average costing, what stage of completion should the ending work in process be for the 16,000 units remaining? (DO NOT USE ANY SYMBOLS OR COMMAS). If the answer is 50%, it should be written as 0.50

FINANCIAL ACCOUNTING
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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itc.birzeit.edu Call us +97(0/2)-2-2982000 &E-mail : help@ritaj.ps ACCOUNTING-Lecture-1202 -ACCT331-Meta y courses / COST ACCOUNTING-Lecture-1202 ACCT331 -Meta / MIDTERM EXAM / MIDTERM EXAM (4th of May) Time left 1:00:40 If equivalent units are 12,000 for conversion costs and units transferred out equals 10,000, using weighted average costing, what stage of completion should the ending work in process be for the 16,000 units remaining? (DO NOT USE ANY SYMBOLS OR COMMAS). If the answer is 50%, it should be written as 0.50 Answer:
Transcribed Image Text:itc.birzeit.edu Call us +97(0/2)-2-2982000 &E-mail : help@ritaj.ps ACCOUNTING-Lecture-1202 -ACCT331-Meta y courses / COST ACCOUNTING-Lecture-1202 ACCT331 -Meta / MIDTERM EXAM / MIDTERM EXAM (4th of May) Time left 1:00:40 If equivalent units are 12,000 for conversion costs and units transferred out equals 10,000, using weighted average costing, what stage of completion should the ending work in process be for the 16,000 units remaining? (DO NOT USE ANY SYMBOLS OR COMMAS). If the answer is 50%, it should be written as 0.50 Answer:
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