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Compute equivalent Units of ending WIP

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Q1. XY company uses Process Costing System the data related to production during July were: Beg. WIP 1000 units degree of completion is (DM 100% and CC 80%), units started 9000 units, at end of July the units in ending WIP were 3000 units degree of completion (DM 100% and CC 80%), Using WA Method compute equivalent Units of ending WIP?

a. DM 3000 and CC 2400

b.DM 2400 and CC 3000

c.DM 2400 and CC 2400

Q2. XY company uses Process Costing System the data related to production during July were: Beg.WIP 1000 units degree of completion is (DM 100% and CC 80%), units started 9000 units, at end of July the units in ending WIP were 3000 units degree of completion (DM 100% and CC 80%), Using FIFO Method compute equivalent Units of Completed and transferred out (FG)?

a. DM 6000 and CC 6000

b.DM 6000 and CC 6200

c.DM 6000 and CC 7000

Reference no: EM132775335

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