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3 years ago

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A company's beginning Work in Process inventory consisted of 20,000 units that were 20% complete with respect to direct labor. T

hese beginning units were completed and another 90,000 units were started during the current period. Of those started, 60,000 were finished and the remaining 30,000 were 40% complete at the end of the period. Using the weighted-average method, the equivalent units of production with regard to direct labor were:

1 answer:

s2008m [1.1K]3 years ago

6 0

Answer:

88,000 equivalent units for the period

Explanation:

<u />

<u>one way : work on beginning + started - incomplete ending</u>

20,000 x (1 - 0.2) = 16,000 units work on BI WIP during the period

90,000 units started

30,000 x (1- 0.4) = (18,000) unfinished equivalent units

88,000 equivalent units for the period.

<u>Other way: work on beginning + start and trasnferred + work on ending</u>

20,000 x (1 - 0.2) = 16,000 units work on BI WIP during the period

60,000 started and transferred-out

30,000 x .4 = 12,000 work on ending WIP

88,000 equivalent units for the period.

<u>Other way: transferred out + work on ending - previous work on beginning</u>

80,000 transferred out

30,000 x .4 = 12,000 work on ending WIP

20,000 x .2 = (4,000) previous work on beginning

88,000 equivalent units for the period.

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Answer:

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2 years ago

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3 years ago

One year ago, Alpha Supply issued 15-year bonds at par. The bonds have a coupon rate of 6.5 percent, paid semiannually, and a fa

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Data provided :

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the correct answer is option (C) - 6.11%

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