Author Question: Use the information below to answer the following questions:The following information is provided by ... (Read 81 times)

codyclark · **on:** Jan 5, 2020

Use the information below to answer the following questions:

The following information is provided by Abbott Corporation:

WIP inventory, January 1	0 units
Units started	12,000
Units completed and transferred out	8,000
WIP inventory, December 31	4,000
Direct materials	$26,700
Direct labour	$15,400
Manufacturing overhead	$9,000

The units in ending WIP inventory were 80% complete for materials and 40% complete for conversion costs.

What are the total equivalent units for direct materials for the Abbott Corporation if all manufacturing costs are added during the process?
◦ 4,000
◦ 12,000
◦ 3,200
◦ 11,200

pikon · **Reply #1 on:** Jan 5, 2020

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