A Firm Had 600 Units in Its Work in Process

A firm had 600 units in its work in process inventory at the beginning of a month. Of these units, 30 percent were complete with respect to labor, materials, and overhead. The firm transferred 5,000 units to the finished goods inventory during the month. It had 500 units of which 40 percent were complete and still in process at the end of the month. Equivalent production for the month was

A) 5,680 units.
B) 5,380 units.
C) 5,200 units.
D) 5,180 units. 5000 + (500 x 40%) .

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free