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makvit [3.9K]
3 years ago
7

If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re

spect to direct labor, the equivalent units of direct labor in beginning Work in Process are 20,000.True / False.
Business
1 answer:
TiliK225 [7]3 years ago
7 0

Answer:

The answer is true

Explanation:

A work-in-progress (WIP) is the cost of unfinished goods in the manufacturing process including labor, raw materials, and overhead.

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