If 16,000 units of materials enter production during the first year of operations, 12,000 of the units are finished, and 4,000 are 75% completed, the number of equivalent units of production would be 15,000.

Question

Quizplus · Accepted Answer

The calculation for equivalent units of production is: 12,000 units finished + (4,000 units * 75% completion) = 12,000 + 3,000 = 15,000 equivalent units.

If 16,000 Units of Materials Enter Production During the First