Equivalent units in beginning work in process + equivalent units of work done in the current period equals equivalent units completed and transferred out in the current period minus equivalent units in ending work in process.

Question

Quizplus · Accepted Answer

The correct formula for calculating equivalent units of production is: Equivalent units completed and transferred out in the current period + equivalent units in ending work in process = equivalent units in beginning work in process + equivalent units of work done in the current period.

Equivalent Units in Beginning Work in Process + Equivalent Units