Assume There Was No Beginning Work in Process Inventory and the Ending

question 90

Multiple Choice

Assume there was no beginning work in process inventory and the ending work in process inventory is 70% complete with respect to conversion costs. Under the weighted-average method, the number of equivalent units of production with respect to conversion costs would be:

• A) the same as the units completed.
• B) less than the units completed.
• C) the same as the units started during the period.
• D) less than the units started during the period.