Question

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

Answer

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