Question

There are no units in process at the beginning of the period, 1,500 units in process...

There are no units in process at the beginning of the period, 1,500 units in process at the end of the period that are 40% complete, and 15,000 units transferred out during the period. Based on this information, there were 14,400 equivalent units of production during the period.

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Answer #1

False.

Explanation:

Equivalent units of production = 15000 + 1500*40%

= 15600

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