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A firm had 600 units in process inventory at the beginning of a month. Of these units, 30% were complete with respect to labor, materials, and overhead during the month. It had 500 units of which 40% were complete and still in process at the end of the month. Equivalent production for the month was:

a)5,680 units

b)5,380 units

c)5,200 units

d)5,180 units

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M963156

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