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x-1-Print -Ea Preview |?Clip Auto Clip Instructions Multiple Attempts CompletionThis test can be saved and resumed later only in accordance with your instructor's test This test allows 2 attempts. This is attempt number 1 s Question Completion Status: A Moving to another question will save this response. Question 5 of 10? Question 5 1 points A department had 12.500 units that were 20% complete in beginning Goods in Process inventory During the current period t,00 ns ene transferred in. Ending Goods in Process inventory was 15,000 units that were 70% complete. Assume this company uses the weighted-average method o process costing and direct materia is added uniformly throughout the process what are the equivalent units produced with respect to ? direct material? 65,500 O 57,500 O 37,000 O 47,500 ? 68,000 K l Question 5 of 10 > a) Moving to another question will save this response.

Explanation / Answer

Solution:

Hence last option is correct.

Computation of Equivalent unit of Direct Material Particulars Physical Units Material Unit completed & Transferred out (12500 + 60000 - 15000) 57500 57500 Ending WIP (70%) 15000 10500 Equivalent units of production 72500 68000

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