On 1^st June, Drabadore Ltd Had 40,000 Units in Process

On 1^st June, Drabadore Ltd had 40,000 units in process, which were 30% completed. Materials are added at the beginning of the process. During the month 320,000 units were started and 340,000 completed. Ending work in process was 50% complete. By what amount would the equivalent units of materials differ if weighted average were used instead of FIFO?

A) 40,000 more
B) -0-
C) 12,000 more
D) 28,000 less

Correct Answer:

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