Please show answer and the calculation of the following question: At the beginni
ID: 2476973 • Letter: P
Question
Please show answer and the calculation of the following question:
At the beginning of the recent period, there were 2,340 units of product in a department, one-third completed. These units were finished and an additional 11,000 units were started and completed during the period. 1,280 units were still in process at the end of the period, one-fourth completed. Using the weighted-average valuation method, the equivalent units produced by the department were:
16,500 units.
13,660 units.
14,620 units.
13,060 units.
12,880 units.
At the beginning of the recent period, there were 2,340 units of product in a department, one-third completed. These units were finished and an additional 11,000 units were started and completed during the period. 1,280 units were still in process at the end of the period, one-fourth completed. Using the weighted-average valuation method, the equivalent units produced by the department were:
Explanation / Answer
un finished units 2340* 2/3 = 1560
completed units in 1280*1/4= 320
additional units 11,000
12880 is the answer
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