If 10,000 Units That Were 40% Completed Were in Process

question 141

True/False

If 10,000 units that were 40% completed were in process on November 1, 80,000 units were completed during November, and 12,000 units were 20% completed on November 30, the number of equivalent units of production for November was 75,600.
(Assume no loss of units in production and that inventories are costed by the first-in, first-out method.)​

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Definitions:

Program Specification

A clear statement of the goals and objectives of a project.

Space Available

Refers to the amount of room or capacity available for storage or accommodation in a given context, often used in computing to describe disk or memory space.

Type Of Target Application

The specific category or functionality that a software application is designed to serve or fulfill.

Architecture Neutral

A feature of Java whereby code needs to be compiled only once, after which the code can be run on many different CPUs.