Beginning WIP inventory is 15,500 units, 75% complete for materials. During the month 90,000 units were started; 87,000 were finished; and ending WIP was 18,500 units that were 50% complete for materials. How many equivalent units should be used to allocate costs for materials (assume as usual, that the weighted average method is used, not FIFO) ?
A) 98,625
B) 96,250
C) 99,250
D) 100,875
Correct Answer:
Verified
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