A company uses a process costing system.Its 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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The Answer of A company uses a process costing system.Its 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

A Company Uses a Process Costing System