Gill Corporation adds raw materials to production at the beginning of the process in the Assembly Department.
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Question:
Gill Corporation adds raw materials to production at the beginning of the process in the Assembly Department. Data for this department for March 2017 are as follows:
Costs
Units
Materials
Conversion
Work in process, March 1
25,000
$ 68,750
$167,650
Started during March
100,000
300,000
903,350
Work in process, March 31
10,000
The beginning inventory was 70 percent complete. The ending inventory was 40 percent complete.
Refer to the data above. How many equivalent units for materials would there be for Gill Corporation in March using the Weighted Average method?
100,000
101,500
115,000
125,000
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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