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If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are

Correct Answer: 1300 units
Equivalent units in current period = Beginning work in process equivalent units + Work done in current period equivalent units - Ending work in process equivalent units
= 2500 + 3800 - 5000 = 1300 units

If beginning work in process equivalent units is 2500 units, work done in current period equivalent units is 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

If beginning work in process inventory units are 2600, units started are 9000, ending work in process units are 2300 and completed good units are 8000 then total spoilage will be

Sum of beginning work in process inventory units and started units, is subtracted from sum of ending work in process inventory units and transferred out units of goods to calculate

Work done by A in one day is half of the work done by B in one day. Work done by B is half of the work done by C in one day. If C alone can complete the work in 7 days, in how many days can A, B and C together complete the work ?

Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?

If budget sales units are 5000, ending inventory is 4000 units and beginning inventory is 1000, then budget production will be

A and B work together to complete the rest of a job in 7 days. However,$$\frac{{37}}{{100}}$$ of the job was already done. Also the work done by A in 5 days is equal to the work done by B in 4 days. How many days would be required by the fastest worker to complete the entire work ?

A complete set of financial statements under Ind AS includes the following.
1. Balance sheet at the end of the period.
2. Statement of profit and loss for the period.
3. Statement of changes in equity for the period.
4. Statement of cash flow for the period.
5. Balance sheet at the beginning of the preceding period.
Which statements given above are correct?

Assume that money can be invested at 8% compounded quarterly,which is larger,$2500 now or $3800 in 5 years?

In process costing method, when work done in current accounting period and beginning inventory before current accounting period, is classified as