28) In a process 8000 units are introduced during a period. 5% of input is normal loss. Closing
work in progress 60% complete is 1000 units. 6600 completed units are transferred to next
process. Equivalent production for the period is:
(a) 9000 units
(b) 7440 units
(c) 5400 units
(d) 7200 units
Answers
Answer:
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Answer:
The correct answer to this question is 7200 units
Explanation:
Given - 8000 units are introduced during a period. 5% of input is normal loss.
To Find - Write the equivalent production for the period.
According to the question -
In a process units are introduced during a period.
% of input is normal loss and % complete is units. completed units are transferred to next process.
7200 units are the equivalent production for the period.
Actual number of units in production multiplied by the percentage of work that has been finished yields equivalent units of work-in-progress. For instance, 200 units that are currently being worked on will equal 140 completed units if, on average, 70% of the work has been completed.
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