During one month,3,000 units of a product were completed and 800 units were 20 percent complete and still in process.The equivalent production for the month is

Question

Quizplus · Accepted Answer

The equivalent production is calculated by adding the completed units to the equivalent units of work in process. Here, 3,000 units are completed, and 800 units are 20% complete, which is equivalent to 160 units (800 * 0.20). Therefore, the equivalent production is 3,000 + 160 = 3,160 units.

During One Month,3,000 Units of a Product Were Completed and 800