7. The Qabool Company uses the weighted average method in its process costing system. The company...
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7. The Qabool Company uses the weighted average method in its process costing system. The company recorded 15,000 units for conversion costs on 1* January in a department, 20% complete with respect to conversion costs. During the month, 25,000 units were provided to the department to work on. There were 5,000 units work in process inventory by the end of January, 80% complete with respect to conversion costs. Total number of equivalent units in respect to conversion cost: A. 40.000 units B. 38,000 units C. 35,000 units D. 39,000 units 7. The Qabool Company uses the weighted average method in its process costing system. The company recorded 15,000 units for conversion costs on 1* January in a department, 20% complete with respect to conversion costs. During the month, 25,000 units were provided to the department to work on. There were 5,000 units work in process inventory by the end of January, 80% complete with respect to conversion costs. Total number of equivalent units in respect to conversion cost: A. 40.000 units B. 38,000 units C. 35,000 units D. 39,000 units
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The correct answer is B 38000 units Equivalent Units UNITS Physical ... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0078111006
14th edition
Authors: Ray Garrison, Eric Noreen and Peter Brewer
Posted Date:
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