Nguyen Corporation Uses the Weighted-Average Method in Its Process Costing

question 5

Multiple Choice

Nguyen Corporation uses the weighted-average method in its process costing system.Operating data for the Lubricating Department for the month of October appear below: What were the equivalent units for conversion costs in the Lubricating Department for October?

• A)53,700
• B)52,280
• C)54,080
• D)50,100

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Definitions:

Composition

The way in which a whole or mixture is made up from various parts, or in mathematics, the application of one function to another.

\(4x+5\)

A linear expression representing a line with a slope of 4 and a y-intercept of 5.

\(x-2\)

An algebraic expression representing the subtraction of 2 from the variable x.

Principal P

The initial amount of money on which interest is calculated in financial transactions.