Under IFRS, receivables are generally reported in the current assets section of the statement of financial position. cash and receivables are reported as the last items in the current assets section of the statement of financial position. bank overdrafts are generally reported as cash. All of these answer choices are correct.

Aproduction department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending work in process inventory. the units in ending work in process inventory were 50% complete with respect to both direct materials and conversion costs. calculate the equivalent units of production for the month, assuming the company uses the weighted average method.