Answer:
Total equivalent units of materials =67,000 units
Explanation:
Equivalent unit is computed as follows:
Equivalent units =Degree of completion × units of inventory
Fully worked = 67,000-6,700= 60,300
Closing inventory = 6,700
<em>Item Equivalent unit</em>
Fully worked 100%× 60,300= 60,300 units
Closing inventory = 100%× 6,700=<u> 6,700</u> units
Total equivalent units 67,000 units
<em>Note that we used 100% as the degree of completion for materials because materials required are always added at the beginning of the process</em>
