If Equivalent Units Are 9,000 for Conversion Costs and Units

question 174

Multiple Choice

If equivalent units are 9,000 for conversion costs and units transferred out equals 6,000, what stage of completion should the ending work in process be for the 12,000 units remaining?

• A) 75%.
• B) 25%.
• C) 10%.
• D) 20%.

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Definitions:

Public Transit

Transportation services provided by public or private organizations that are available for use by the general public, typically involving buses, trains, and subways.

CPI Base Year

The reference year used in the calculation of the Consumer Price Index, serving as a comparison point for future price changes.

Crude Oil

A natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.

Price Difference

The variation in cost between two goods, services, or markets, often influenced by factors like quality, supply, and demand.