Multiple Choice
During March,the production department of a process operations system completed and transferred to finished goods 25,000 units that were in process at the beginning of March and 110,000 units that were started and completed in March.March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to conversion.At the end of March,30,000 additional units were in process in the production department and were 100% complete with respect to materials and 30% complete with respect to conversion.Compute the number of equivalent units with respect to both materials and conversion respectively for March using the weighted-average method.
A) 165,000 materials; 165,000 conversion.
B) 135,000 materials; 119,000 conversion.
C) 140,000 materials; 130,250 conversion.
D) 165,000 materials; 144,000 conversion.
E) 144,000 materials; 144,000 conversion.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The second step in accounting for production
Q14: In process costing,a _ is used to
Q15: In a process costing system,the purchase of
Q20: Andrews Corporation uses the weighted-average method of
Q23: Hybrid systems contain features of both process
Q23: Process costing systems consider overhead costs to
Q24: During July,the production department of a process
Q89: Describe the flow of overhead costs in
Q94: If a department that applies process costing
Q97: A company's January 1 Work in Process