Question

Sigman Co.'s inventories in process were at the following stages of completion at April 30:

No. of Units Percent Complete
270 80
220 60
370 20

Equivalent units of production in ending inventory amounted to: _______

Answer 1

Answer:

422 units

Explanation:

The computation of the equivalent unit of production is as follows

No. of Units  Percent Complete    Equivalent units

(A)                 (B)                              (A × B)

270               80                              216 units

220              60                               132 units

370              20                              74 units

Total

Equivalent units                             422 units