A Process with No Beginning Work in Process, Completed and Transferred

question 42

Multiple Choice

A process with no beginning Work in Process, completed and transferred out 10,000 units during a period and had 5,000 units in the ending Work in Process that were 50% complete.How much is equivalent units of production for the period for conversion costs if the weighted-average method is used?

• A)12,500 equivalent units
• B)15,000 equivalent units
• C)17,500 equivalent units
• D)7,500 equivalent units

---

Definitions:

Interest Rates

The share of a loan attributed to interest charges to the borrower, regularly described as an annual percentage of the remaining loan balance.

Thrift Institutions

Financial institutions, such as savings banks and credit unions, that primarily accept savings deposits and make loans to consumers.

Commercial Banks

Financial institutions that accept deposits, offer various loans, and provide other financial services, like currency exchange and wealth management.

Open Market

A venue or environment in which financial securities, commodities, and assets are bought and sold without restrictions.