Lakeland Chemical manufactures a product called Zing.Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production.The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 20% complete.The following data pertain to May:
Using the weighted-average method of process costing, the equivalent units of conversion activity total:
A) 60,400.
B) 68,000.
C) 69,400.
D) 74,000.
E) None of the answers is correct.
Correct Answer:
Verified
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