Jawson Company Uses the Weighted-Average Method in Its Process Costing

question 59

Multiple Choice

Jawson Company uses the weighted-average method in its process costing system. Operating data for the Painting Department for the month of April appear below: $$\begin{array} { | l | l | c | } \hline & \text { Units } & \text { Percentage complete } \\\hline \text { Beginning work in process inventory } & 6,300 & 10 \% \\\hline \text { Transferred in from the prior } & & \\\hline \text { department during April } & 65,600 & \\\hline \text { Ending work in process inventory } & 4,600 & 70 \% \\\hline\end{array}$$ What were the equivalent units of production for conversion costs in the Painting
Department for April?

• A)70,520.
• B)63,900.
• C)67,300.
• D)68,820.

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Definitions:

Evidence

Information presented in testimony, documents, tangible objects, or other data used to establish facts or demonstrate truth in legal proceedings.

Drawee

In financial transactions, the party on whom a check or draft is drawn and who is responsible for paying the specified amount.

Obligated

Being legally or morally bound to do something or to fulfill a contract or promise.

Drawer

The person who issues or writes a negotiable instrument, such as a check, directing the payment of the specified amount of money.