Correct Answer:
A. 1,200
Equivalent units = 1,000 + (400 x 50%) = 1,200.
November 13, 2026 · Accounting and Finance MCQs, Cost & Management Accounting MCQs
A department has no opening WIP, completes 1,000 units and has 400 units in closing WIP that are 50% complete for conversion. Equivalent units for conversion cost are:
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