Solved

Dharma Plastics, Inc

Question 10

Multiple Choice

Dharma Plastics, Inc., manufactures plastic moldings for car seats. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.
Dharma Plastics, Inc., manufactures plastic moldings for car seats. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.   What were the equivalent units of direct materials and conversion costs, respectively, at the end of February? Assume Dharma Plastics, Inc., uses the weighted-average process costing method. A)  800; 700 B)  600; 500 C)  800; 800 D)  800; 730 What were the equivalent units of direct materials and conversion costs, respectively, at the end of February? Assume Dharma Plastics, Inc., uses the weighted-average process costing method.


A) 800; 700
B) 600; 500
C) 800; 800
D) 800; 730

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents