Calculate the number of equivalent units produced

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Reference no: EM131201834

Practice questions:

In one period a processing company had the following information:

Units received for previous process 16,000

Value of units received £910,000

Processing costs:

Labour and overheads £701,200

Materials introduced £49,500

There was no WI P at the beginning of the period, but at the end of the period there was WI P of 3,800 units which were 100% complete for materials and 50% complete for labour and overheads.

Calculate the number of equivalent units produced.

Reference no: EM131201834

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