During the period, the mixing department completed 500 units and transferred them out to the baking department. at the end of the period, there were 4,000 units that are 40% complete as to direct materials in the mixing department. the equivalent units of production for direct materials equal:

2,100

Explanation:

Equivalent units of production

Units  Completion  %        Units Equivalent

  500x         100%                      =        500

4,000      x          40%                          =     1,600

Total Equivalent units of production =      2,100

The 4,000 units yet not finished, must be valued according to its % of completion, multiplying "volume ( units quantity ) x completion %". Then, add the result to fully completed units.

answer; monopolistic competition;

answer/// equals both average variable cost and average total cost at their respective minimums;