A Production Department's Output for the Most Recent Month Consisted

question 80

Multiple Choice

A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory.The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs.Calculate the equivalent units of production for the month,assuming the company uses the weighted average method.

• A)6,500 units.
• B)9,000 units.
• C)13,000 units.
• D)5,500 units.
• E)10,500 units.

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Definitions:

Negative

Refers to a condition or quantity less than zero, often indicating a deficit or loss in financial contexts.

Corporations

Legal entities separate from their owners, providing protection against personal liability, but subject to corporate taxes.

Firms

Organizations or business entities engaged in commercial, professional, or industrial activities, aiming to generate profits by providing goods or services.

Proprietorships

Proprietorships, or sole proprietorships, are businesses owned and operated by a single individual, with no legal distinction between the owner and the business entity.