A Firm Had a Beginning Work in Process Inventory Totaling

question 11

Multiple Choice

A firm had a beginning work in process inventory totaling $4,000 and current period costs of $22,500.Equivalent production was 5,000 units,and 3,000 units were completed and transferred to the finished goods inventory.Inventory costs would be determined using a unit cost of

• A) $8.83.
• B) $5.30.
• C) $4.50.
• D) $7.50.

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