Gilbert Corporation had 25,000 finished units and 8,000 units 35% complete. The equivalent units totaled 30,200.

Name: Gilbert Corporation had 25,000 finished units and 8,000 units 35% complete. The equivalent units totaled 30,200.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

The equivalent units should equal the number of completed units plus the equivalent units of partially completed units. Therefore, the total equivalent units should be 25,000 + (8,000 x 35%) = 27,800. The given value of 30,200 is incorrect.

Gilbert Corporation Had 25,000 Finished Units and 8,000 Units 35