Solve 5 questions with steps and reasons . The subject is Managerial Accounting. 8. The weighted-average method of process costing differsfrom the FIFO method of process costing in that theweighted-average method:A. its applied when there is significant difference in costbetween two periods.B. does not require the use of predetermined overheadrates.C. keeps costs in the beginning inventory separate fromcurrent period costs.D. does not consider the number of units in thebeginning work in process inventory when computingequivalent units of production.9. The Al Nabras Company uses the weighted averagemethod in its process costing system. The company'sending work in process equivalent units were calculatedas 11,000 units in respect to direct materials, and 9,000units in respect to conversion. Also, total company'scompleted and transferred out equivalent units werecalculated as 12,000 units for both direct materials andconversation cost. If the costs per equivalent unit are$8.00 for the materials and $5.20 for conversion, thetotal cost of the ending work in process inventoryaccount would be:A. $160,000B. $158,400C. $293,200D. $134,80010. Which of the following months will be covered underQuarter three:A. June, July, AugustB. July, August, SeptemberC. July, August, OctoberD. August, September, October 6. A-Lumber Company uses the weighted-average methodin its process costing system. Information for the monthof June presented below:UnitsPercentage Completion InRespect to Conversion CostsBeginning WIPStarted during June12,00090%18,000Completed and Transferred Out 20,000Ending WIP10,00040%The conversion cost in beginning work in process inventorywas $20,000 at the beginning of June. Additionalconversion costs of $70,000 were incurred in the departmentduring the month. What was the cost per equivalent unit forconversion costs for the month?A. $3.75B. $3.00C. $3.46D. $4.407. The Qabool Company uses the weighted average methodin its process costing system. The company recorded15,000 units for conversion costs on 1 January in adepartment, 20% complete with respect to conversioncosts. During the month, 25,000 units were provided tothe department to work on. There were 8,000 units workin process inventory by the end of January, 75%complete with respect to conversion costs. Total numberof equivalent units in respect to conversion cost:A. 40,000 unitsB. 38,000 unitsC. 35,000 unitsD. 30,000 units

Equivalent units of products concept came in to existence when some units are not fully completed at…

6. A-Lumber Company uses the weighted-average method in its process costing system. Information for the month of June presented below: Units Percentage Completion In Respect to Conversion Costs Beginning WIP Started during June Completed and Transferred Out 20,000 Ending WIP 12,000 90% 18,000 10,000 40% The conversion cost in beginning work in process inventory was $20,000 at the beginning of June. Additional conversion costs of $70,000 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? A. $3.75 B. $3.00 C. $3.46 D. $4.40