If Department K Had 2,000 Units, 40% Completed, in Process

question 54

Multiple Choice

If Department K had 2,000 units, 40% completed, in process at the beginning of the period, 12,000 units were completed during the period, and 1,200 units were 25% completed at the end of the period, what was the number of equivalent units of production for conversion costs for the period if the first-in, first-out method is used to cost inventories?

• A) 11,500
• B) 11,200
• C) 15,200
• D) 10,000

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Expected Number

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