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

question 65

Multiple Choice

Fabian Company uses the weighted-average method in its process costing system. The Assembly Department started the month with 9,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 90,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 87,000 units were completed in the Assembly Department and transferred to the next processing department. There were 12,000 units in the ending work in process inventory of the Assembly Department that were 20% complete with respect to conversion costs.
What were the equivalent units of production for conversion costs in the Assembly
Department for the month?

• A)89,400.
• B)83,100.
• C)93,000.
• D)87,100.

---

Definitions:

Household Finances

The management of money and financial decisions within a family or household.

Purchasing Decisions

The process by which individuals or organizations select, acquire, and dispose of goods or services.

Open-ended Question

A question format that allows respondents to answer in their own words, facilitating more detailed and personal responses.

Canadian Foreign Policy

The strategic approaches and decisions made by Canada's government in its relations with other countries, including diplomacy, trade, aid, and defense.