Completing 3,000 units which were each 75% complete at the beginning of the period represents 2,250 equivalent units of work during the current period
Indicate whether the statement is true or false.
FALSE
If at the beginning of the period 3,000 units were 75% completed, then to complete these units during the current period, the equivalent units = 3,000 × (100% - 75%) = 750 equivalent units.
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