Beginning inventory amounted to 1000 units this period 4500

Reference no: EM13597663

Beginning inventory amounted to 1,000 units. This period 4,500 units were started and completed. At the end of the period, the 3,000 units in inventory were 30 percent complete. Using FIFO costing, the equivalent production for the period was 5,600 units. What was the percentage of completion of beginning inventory?

Reference no: EM13597663

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