Chapter 9: A Closer look on Cost Accounting 15. The EUP is 57,000 units. The beginning inventory units were 5,000 units, 40% incomplete while the ending inventory is 10,000 units, 80% incomplete. What is the total number of units completed and transferred using Weighted Average method? a. 58,000 b. 54,000 c. 55,000 d. 47,000 Using Weighted Average method, what is the total number of units started in process a. 58,000 b. 60,000 c. 57,000 d. 63,000 Using FIFO method, what are the total number units completed and transferred? a. 52,000 b. 58,000 c. 55,000 d. 47,000
Chapter 9: A Closer look on Cost Accounting 15. The EUP is 57,000 units. The beginning inventory units were 5,000 units, 40% incomplete while the ending inventory is 10,000 units, 80% incomplete. What is the total number of units completed and transferred using Weighted Average method? a. 58,000 b. 54,000 c. 55,000 d. 47,000 Using Weighted Average method, what is the total number of units started in process a. 58,000 b. 60,000 c. 57,000 d. 63,000 Using FIFO method, what are the total number units completed and transferred? a. 52,000 b. 58,000 c. 55,000 d. 47,000
Chapter5: Process Costing
Section: Chapter Questions
Problem 5EB: Using the weighted-average method, compute the equivalent units of production if the beginning...
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Transcribed Image Text:Chapter 9: A Closer look on Cost Accounting
Chapter 9: A Closer look on Cost Accounting
45. The EUP is 57,000 units. The beginning inventory units were 5,000 units,
40% incomplete while the ending inventory is 10,000 units, 80%
incomplete. What is the total number of units completed and transferred
using Weighted Average method?
а. 58,000
b. 54,000
с. 55,000
d. 47,000
Using Weighted Average method, what is the total number of units started
in process
а. 58,000
b. 60,000
c. 57,000
d. 63,000
Using FIFO method, what are the total number units completed and
transferred?
a. 52,000
b. 58,000
с. 55,000
d. 47,000
Using FIFO the total number of units started in process is:
а. 63,000
b. 68,000
с. 60,000
d. 57,000
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in the solution of subpart 3,
Total number of units completed and transferred under FIFO = 5,000 +53,000
why is it 5,000?
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