Albert Manufacturing Uses the Weighted Average Method of Computing Equivalent

question 30

Multiple Choice

Albert Manufacturing uses the weighted average method of computing equivalent units of production. In beginning work in process, there were 9000 units 30% complete as to conversion. In ending work in process, there were 5000 units 60% complete. 13 000 units were completed during the year. Determine the equivalent units of production.

• A) 16 000
• B) 18 000
• C) 22 300
• D) 16 300

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Definitions:

Warranty Of Fitness

This refers to a seller's promise that the goods sold will be suitable for the purpose for which they are bought.

Puffing

Puffing refers to the exaggerated or hyperbolic comments or opinions made by salespeople about a product or service, not considered legally binding promises.

Written Express Warranty

A clearly stated promise by a seller regarding the condition, performance, or quality of a product, documented in a written format.

Warranty Disclosure

The act of revealing or making known any warranties, guarantees, or conditions related to a product or service.