At the start of the month, there were 2,000 units of work-in-progress in a factory. During
the month, 12,000 units were started. At the end of the month, 3,000 units were in closing
work in progress. The degree of completion of opening work-in-progress was 70% and
closing work in progress was 20%.
How many equivalent units of production were achieved during the month if FIFO were
used?
Ask the Tutor ACCA MA
process costing fifo method
6y ago#1Please do not simply type out full questions and expect a full answer. You must have an answer in the same book in which you found the question, so ask about whatever it is you do not understand and then I will explain.
I also suggest that you watch my free lectures on process costing, because this is a really easy question.
The lectures are a complete free course for Paper MA and cover everything needed to pass the exam well.
how the unit started is 11000units and finished units are 2000?
How's 11000 units in the start nd finished units 2000
2y ago#4Since September 2023, process costing with work in progress is no longer in the syllabus for Paper MA.
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