When a department has work in process at the end of the period,we need to determine the percentage of completion for the work in process.Based on that percentage we calculate

Question

Quizplus · Accepted Answer

We calculate the equivalent units of production based on the percentage of completion of the work in process, which takes into account both the completed and partially completed units. This is necessary for accurate cost accounting and inventory valuation purposes. Therefore, choice C (equivalent) is the best option.

When a Department Has Work in Process at the End