The Equivalent Units of Direct Materials for April Total

question 71

Multiple Choice

The equivalent units of direct materials for April total:

• A)9,000.
• B)13,000.
• C)13,600.
• D)14,400.
• E)15,000.

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Definitions:

Fixed Assets

Fixed Assets, also known as non-current assets, are long-term tangible property used in the operation of a business and not expected to be converted to cash within a year.

Shareholders' Equity

Shareholders' equity represents the residual interest in the assets of a company after deducting liabilities, essentially what is owned by shareholders.

Intangible Assets

Non-physical assets possessed by a business, such as patents, trademarks, and goodwill, which can generate economic benefit.

Cash Flow

The total amount of money being transferred in and out of a business, especially as affecting liquidity.