V2.cengagenow.com Course Homepage-79574.201940 CengageNOWv2 | Online teaching and learning resource from Cengage Le Calculator Print Item Equivalent Units of Production: Average Cost Method The Converting Department of Tender Soft Tissue Company uses the average cost method and had 3,800 units in work in process that were 70% complete at the beginning of the period. During the period, 47,900 units were completed and transferred to the Packing Department. There were 2,100 units in process that were 20% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. units b. Determine the number of equivalent units of production for the period. units
V2.cengagenow.com Course Homepage-79574.201940 CengageNOWv2 | Online teaching and learning resource from Cengage Le Calculator Print Item Equivalent Units of Production: Average Cost Method The Converting Department of Tender Soft Tissue Company uses the average cost method and had 3,800 units in work in process that were 70% complete at the beginning of the period. During the period, 47,900 units were completed and transferred to the Packing Department. There were 2,100 units in process that were 20% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. units b. Determine the number of equivalent units of production for the period. units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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CengageNOWv2 | Online teaching and learning resource from Cengage Le
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Equivalent Units of Production: Average Cost Method
The Converting Department of Tender Soft Tissue Company uses the average cost method and had 3,800 units in work in process that were 70% complete at the
beginning of the period. During the period, 47,900 units were completed and transferred to the Packing Department. There were 2,100 units in process that were 20%
complete at the end of the period.
a. Determine the number of whole units to be accounted for and to be assigned costs for the period.
units
b. Determine the number of equivalent units of production for the period.
units
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