Units to be accounted for: Work in process, May 1: materials 90% complete; conversion 80% complete 5,000

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Units to be accounted for:

Work in process, May 1: materials 90% complete; conversion 80% complete 5,000

Started into production 29,000

Total units 34,000

Units accounted for as follows:

Transferred to next department 30,000

Work in process, May 31: materials 75% complete; conversion 50% complete 4,000

Total units 34,000

using Weighted-Average Method

Required: 1. How many units were started and completed during May? and explain why?

Related Book For answer-question

Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: May 12, 2024 02:44 PM

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Units to be accounted for: Work in process, May 1: materials 90% complete; conversion 80% complete 5,000

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Accounting Principles

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