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Select the Correct Formula for Computing Equivalent Units for the Period

Question 67

Multiple Choice

Select the correct formula for computing equivalent units for the period under the weighted average approach.


A) Equivalent units = Units transferred
B) Equivalent units = Units transferred + (Ending inventory units × Percentage complete)
C) Equivalent units = Units transferred + Ending inventory units
D) Equivalent units = (Units transferred + Ending inventory units) × Percentage complete

Correct Answer:

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