Question: Medina Corp. uses the weighted average method for inventory costs and had the following information available for the year. Equivalent units of production for the

Medina Corp. uses the weighted average method for inventory costs and had the following information available for the year. Equivalent units of production for the year are:

Beginning inventory of goods in process (40% complete, $1,700)	260 units
Ending inventory of goods in process (80% complete)	460 units
Total units started during the year	3,800 units

	4,168 units.
	4,520 units.
	3,800 units.
	3,864 units.
	3,968 units.

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