Answer:
Equivalent units for materials are 68,400 units
Equivalent units for conversion are 66,800 units
Explanation:
Eighted average costing adds the value of beginning invventory in the period cost to calculate the average cost per unit.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Material
Equivalent Units = 62,000 + 8,000 x 80% = 68,400 units
Conversion
Equivalent Units = 62,000 + 8,000 x 60% = 66,800 units
True explanation: one you have bought insurance you are insured to a house life plan etc, they company you bought the insurance from is the insurer because they are giving you the insurance
Hi my dear friend,
A centrally planned economy is an economic system in which the state or government makes economic decisions rather than the these being made by the interaction between consumers and businesses. ... State-owned enterprises undertake the production of goods and services.
~Thank you
Answer:
it might be B but I'm not sure
