Question: Completed output from a process in a period was 16,000 units. There was no opening work-in-progress but 1,200 units, which were complete for materials but

Completed output from a process in a period was 16,000 units.

Completed output from a process in a period was 16,000 units. There was no opening work-in-progress but 1,200 units, which were complete for materials but only 40% processed in respect of conversion costs, were unfinished at the end of the period. The costs per equivalent unit for the period were. What was the value of the closing work-in-progress

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