Cerex Company makes ceramic tiles. It has the following information about its process for the...
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Accounting
Cerex Company makes ceramic tiles. It has the following information about its process for the period: Beginning inventory 500 units Started and completed 2.250 units Ending Inventory 1,500 units, 30% complete Equivalent units of production 2,800 units Cerex uses the FIFO method for its inventory Fill in the blanks be sure to not include any commas or decimals unless otherwise stated. For example $1,000.00 should be expressed as 1000. Only include decimals when told units A Calculate the total number of actual units to be accounted for in the period. EUP B Calculate the number of equivalent units of production in the opening inventory. lexpress as a percentage with no decimals) C. Calculate the percentage of completion of the beginning inventory
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