Multiple Choice
On 1st September, Kelita Ltd had 20,000 units in process, which were 30% completed. Materials are added at the beginning of the process. During the month 160,000 units were started and 170,000 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) 20,000 more
B) -0-
C) 6,000 more
D) 14,000 less
Correct Answer:
Verified
Correct Answer:
Verified
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