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A Company Uses a Process Costing System

Question 88

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;120,000
B) 120,000;160,000
C) 128,000;120,000
D) 128,000;144,000
E) 128,000;184,000

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