Ask Question
26 August, 01:21

A company's beginning Work in Process inventory consisted of 20,000 units that were 80% complete with respect to direct labor. A total of 90,000 were finished during the period and 25,000 remaining in Work in Process inventory were 40% complete with respect to direct labor at the end of the period. Using the weighted-average method, the equivalent units of production with regard to direct labor were:

+4
Answers (1)
  1. 26 August, 01:29
    0
    Total number of equivalent units = 100,000

    Explanation:

    Giving the following information:

    A total of 90,000 were finished during the period and 25,000 remaining in Work in Process inventory were 40% complete with respect to direct labor at the end of the period.

    Weighted-average method:

    Units completed = 90,000

    Ending inventory = 25,000*0.4 = 10,000

    Total number of equivalent units = 100,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A company's beginning Work in Process inventory consisted of 20,000 units that were 80% complete with respect to direct labor. A total of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers