A company's records show the following information for August: A. Started this month, 38,000 units B. Ending inventory, 12,000 units. 15% complete as to materials and 10% complete as to conversion costs. 5. How many units were transferred out during the month? a. 22,000 units (6. 26,000 units c. 18,000 units d. 42,000 units 7. How many units were started and completed during the month? a. 18,000 units b. 22,000 units c. 26,000 units d. 30,000 units 8. For materials, how many equivalent units were produced? a. 25,800 EU y b. 26,000 EU c. 27,800 EU d. 50,000 EU 9. For conversion costs, how many equivalent units were produced? a. 24,000 EU b. 27,200 EU c. 27,800 EU d. 50,000 EU

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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000
A company's records show the following information for August:
A. Started this month, 38,000 units
B. Ending inventory, 12,000 units. 15% complete as to materials and 10%
complete as to conversion costs.
6. How many units were transferred out during the month?
a. 22,000 units
b. 26,000 units
c. 18,000 units
d. 42,000 units
16
7. How many units were started and completed during the month?
a. 18,000 units
b. 22,000 units
c. 26,000 units
d. 30,000 units
8. For materials, how many equivalent units were produced?
a. 25,800 EU
b. 26,000 EU
de c. 27,800 EU
e d. 50,000 EU
11
9. For conversion costs, how many equivalent units were produced?
a. 24,000 EU
b. 27,200 EU
C. 27,800 EU
d. 50,000 EU
Transcribed Image Text:000 A company's records show the following information for August: A. Started this month, 38,000 units B. Ending inventory, 12,000 units. 15% complete as to materials and 10% complete as to conversion costs. 6. How many units were transferred out during the month? a. 22,000 units b. 26,000 units c. 18,000 units d. 42,000 units 16 7. How many units were started and completed during the month? a. 18,000 units b. 22,000 units c. 26,000 units d. 30,000 units 8. For materials, how many equivalent units were produced? a. 25,800 EU b. 26,000 EU de c. 27,800 EU e d. 50,000 EU 11 9. For conversion costs, how many equivalent units were produced? a. 24,000 EU b. 27,200 EU C. 27,800 EU d. 50,000 EU
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