alleryStart learning →With no opening WIP, 6,000 units finish and 2,000 are 50% done. Equivalent units are
A8,000
B7,000
C7,500
D6,500
Answer & Solution
Correct answer: B. 7,000
Finished units count in full and the 2,000 half-done units add 1,000, giving 7,000.
Keep practising Process Costing
Browse all Process Costing questions for CA Inter, or explore more Cost and Management Accounting topics.
Related questions
Feedback from process costing helps managers toProcess costing is a type ofWhich by-product comes from wine fermentation?Gasoline was once a by-product ofHides and leather from beef production may be calledBy-products are called co-products when they areBy-product NRV is recognized as other income or asBy-products conventionally get what share of joint costs?