A Company Uses a Process Costing System

question 131

Multiple Choice

A company uses a process costing system. Its Welding Department completed and transferred out 100,000 units during the current period. The ending inventory in the Welding Department consists of 30,000 units (75% complete with respect to direct materials and 40% complete with respect to conversion costs) . Determine the equivalent units of production for the Welding Department for direct materials and conversion costs assuming the weighted average method.

• A) 107,500 materials; 118,000 conversion.
• B) 130,000 materials; 130,000 conversion.
• C) 112,500 materials; 130,000 conversion.
• D) 130,000 materials; 112,000 conversion.
• E) 122,500 materials; 112,000 conversion.

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