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There are 10,000 units in Work in Process inventory for the Mixing Department at the end of the month. The units were 60% complete for conversion costs. What are the equivalent units for conversion costs using the weighted-average method? A. 600 B. 4,000 C. 6,000 D. 10,000

There are 10,000 units in Work in Process inventory for the Mixing Department at the end of the month. The units were 60% complete for conversion costs. What are the equivalent units for conversion costs using the weighted-average method? A. 600 B. 4,000 C. 6,000 D. 10,000

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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There are 10,000 units in Work in Process inventory for the Mixing Department at the end of the month. The units were 60% complete for conversion costs. What are the equivalent units for conversion costs using the weighted-average method? A. 600 B. 4,000 C. 6,000 D. 10,000
Transcribed Image Text:There are 10,000 units in Work in Process inventory for the Mixing Department at the end of the month. The units were 60% complete for conversion costs. What are the equivalent units for conversion costs using the weighted-average method? A. 600 B. 4,000 C. 6,000 D. 10,000
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