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Question: A company uses a process costing system. It's 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. 130,000; 130,000

B. 130,000; 112,000

C. 107,500; 118,000

D. 122,500; 112,000

E. 112,500; 130,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92579261

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