A Department Had 65 Units Which Were 20% Complete in Beginning

question 68

Multiple Choice

A department had 65 units which were 20% complete in beginning Goods in Process Inventory.During the current period,77 units were transferred out.Ending Goods in Process Inventory was 30 units which were 20% complete.Using the weighted-average method,what are the equivalent units produced if all direct material and direct labor are added uniformly throughout the process?

• A) 83
• B) 70
• C) 100
• D) 77
• E) 107

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Definitions:

Fixed Amount

A specific, unchanging quantity or sum, often relating to financial transactions, salaries, or budgets.

Rules

Established guidelines, principles, or regulations designed to govern behavior or procedures within a specific context or organization.

Procedures

Step-by-step instructions or guidelines designed to perform a specific task or to achieve a certain objective within an organization.

Specific Situations

Particular instances or contexts within which actions take place, often requiring tailored responses or strategies.