A Company Uses a Process Costing System

question 105

Multiple Choice

A company uses a process costing system.Its Weaving Department completed and transferred out 120,000 units during the current period.The ending inventory in the Weaving Department consists of 40,000 units (20% complete with respect to direct materials and 60% complete with respect to conversion costs) . Determine the equivalent units of production for the Weaving Department for direct materials and conversion costs assuming the weighted average method.

• A)120,000 materials; 120,000 conversion.
• B)120,000 materials; 160,000 conversion.
• C)128,000 materials; 120,000 conversion.
• D)128,000 materials; 144,000 conversion.
• E)128,000 materials; 184,000 conversion.

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