Reference: 16_03
Medina Corp. had the following information available for the year:
$\begin{array}{llr}
\text { Beginning inventory of goods in process ( $ 40 \% $ complete,} &200 \text { unit}\
\$ 1,100)\
\text {Ending inventory of goods in process (80\% complete) } &400 \text { unit}\
\text { Total units started during the year} &3,200 \text { unit}
\end{array}$

-If the weighted-average inventory method were used,the equivalent units for the year would be:
A) 3,320
B) 3,200
C) 3,240
D) 3,520
E) 3,230

Question

Reference: 16_03
Medina Corp. had the following information available for the year:
 $\begin{array}{llr}
  \text {  Beginning inventory of goods in process ( $ 40 \% $ complete,} &200  \text { unit}\
 \$ 1,100)\
 \text {Ending inventory of goods in process (80\% complete)   } &400  \text { unit}\
 \text {  Total units started during the year} &3,200  \text { unit}
\end{array}$

-If the weighted-average inventory method were used,the equivalent units for the year would be:
A) 3,320
B) 3,200
C) 3,240
D) 3,520
E) 3,230

Quizplus · Accepted Answer

The Answer of Reference: 16_03
Medina Corp. had the following information available for the year:
 $\begin{array}{llr}
  \text {  Beginning inventory of goods in process ( $ 40 \% $ complete,} &200  \text { unit}\
 \$ 1,100)\
 \text {Ending inventory of goods in process (80\% complete)   } &400  \text { unit}\
 \text {  Total units started during the year} &3,200  \text { unit}
\end{array}$

-If the weighted-average inventory method were used,the equivalent units for the year would be:
A) 3,320
B) 3,200
C) 3,240
D) 3,520
E) 3,230

Reference: 16_03 Medina Corp -If the Weighted-Average Inventory Method Were Used,the Equivalent Units for the Year

Reference: 16_03
Medina Corp -If the Weighted-Average Inventory Method Were Used,the Equivalent Units for the Year