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Suppose Smith Started 100,000 Units During the Period, Transfers 75,000

Question 1

Multiple Choice

Suppose Smith started 100,000 units during the period, transfers 75,000 units to finished goods and estimates that 25,000 units still in process are only 20 percent complete.What is the number of equivalent units in WIP inventory at the end of the period?


A) 20,000
B) 5,000
C) 15,000
D) 60,000
E) 80,000

Correct Answer:

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