A process with no beginning work in process, completed and transferred out 95,000 units during a period and had 50,000 units in the ending work in process inventory that were 30% complete.The equivalent units of production for the period were:

Question

Quizplus · Accepted Answer

The equivalent units of production are calculated by adding the units completed and transferred out (95,000) to the equivalent units in ending work in process (50,000 units * 30% = 15,000). Therefore, the total equivalent units of production are 95,000 + 15,000 = 110,000.

A Process with No Beginning Work in Process, Completed and Transferred