If Beginning Inventory Contained 2,000 Units of Product That Were

question 103

Multiple Choice

If beginning inventory contained 2,000 units of product that were judged to be 40 percent complete as to labor, the equivalent units of production for labor during the current period under the FIFO method for these 2,000 units are

• A) 2,000 units.
• B) 800 units.
• C) 1,200 units.
• D) 400 units.

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