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Department B of SimTech Manufacturing Company presents the following production data for the month of October 2019: Beginning inventory (3/8 completed) 8,000 units Started in process 26,000 units Transferred out 18,000 units Ending inventory: (1/2 completed) 8,000 units (3/4 completed) 8,000 units What are the equivalent units of production for the month of October 2019 using Average Method? A. 28,000 units B. 25,000 units C. 26,000 units D. 30,000 units

Department B of SimTech Manufacturing Company presents the following production data for the month of October 2019: Beginning inventory (3/8 completed) 8,000 units Started in process 26,000 units Transferred out 18,000 units Ending inventory: (1/2 completed) 8,000 units (3/4 completed) 8,000 units What are the equivalent units of production for the month of October 2019 using Average Method? A. 28,000 units B. 25,000 units C. 26,000 units D. 30,000 units

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
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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Department B of SimTech Manufacturing Company presents the following production data for the month of October 2019:

Beginning inventory (3/8 completed) 8,000 units

Started in process 26,000 units

Transferred out 18,000 units

Ending inventory:

(1/2 completed) 8,000 units

(3/4 completed) 8,000 units

What are the equivalent units of production for the month of October 2019 using Average Method?

A. 28,000 units

B. 25,000 units

C. 26,000 units

D. 30,000 units

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