Multiple Choice
Beginning WIP Inventory is 15,500 units,75% complete for materials.During the month 90,000 units were started;87,000 were finished;and ending WIP was 18,500 units that were 50% complete for materials.How many equivalent units should be used to allocate costs for materials (assume as usual,that the weighted average method is used,not FIFO) ?
A) 98,625
B) 96,250
C) 99,250
D) 100,875
Correct Answer:
Verified
Correct Answer:
Verified
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