Reference: 16_03
Medina Corp -If the Weighted-Average Inventory Method Were Used,the Equivalent Units for the Year

question 161

Multiple Choice

Reference: 16_03
Medina Corp. had the following information available for the year:
$\begin{array}{llr} \text { Beginning inventory of goods in process ( \( 40 \% \) complete,} &200 \text { unit}\\ \$ 1,100) \\ \text {Ending inventory of goods in process (80\% complete) } &400 \text { unit}\\ \text { Total units started during the year} &3,200 \text { unit}\end{array}$

-If the weighted-average inventory method were used,the equivalent units for the year would be:

• A) 3,320
• B) 3,200
• C) 3,240
• D) 3,520
• E) 3,230

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The wearing away of the top layer of soil by wind, water, or human activity, leading to reduced soil fertility and the degradation of land quality.

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