Compute the number of equivalent units with respect to both direct materials and conversion for March using the weighted- average method. Units. Direct Materials Percent Complete Conversion Percent Complete Beginning work in process inventory 26,500 100% 55% Units started and completed 113,000 Units completed and transferred out 139,500 Ending work in process inventory. 31,500 70% 60% Answer Choices: a) 161,550 direct materials, 161,550 conversion b) 139,500 direct materials, 122,450 conversion c) 148,950 direct materials, 152,100 conversion d) 161,550 direct materials, 158,400 conversion e) 158,400 direct materials, 158,400 conversion

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute the number of equivalent units
with respect to both direct materials and
conversion for March using the weighted-
average method.
Units. Direct Materials Percent Complete
Conversion Percent Complete
Beginning work in process inventory
26,500 100% 55%
Units started and completed 113,000
Units completed and transferred out
139,500
Ending work in process inventory. 31,500
70% 60%
Answer Choices:
a) 161,550 direct materials, 161,550
conversion
b) 139,500 direct materials, 122,450
conversion
c) 148,950 direct materials, 152,100
conversion
d) 161,550 direct materials, 158,400
conversion
e) 158,400 direct materials, 158,400
conversion
Transcribed Image Text:Compute the number of equivalent units with respect to both direct materials and conversion for March using the weighted- average method. Units. Direct Materials Percent Complete Conversion Percent Complete Beginning work in process inventory 26,500 100% 55% Units started and completed 113,000 Units completed and transferred out 139,500 Ending work in process inventory. 31,500 70% 60% Answer Choices: a) 161,550 direct materials, 161,550 conversion b) 139,500 direct materials, 122,450 conversion c) 148,950 direct materials, 152,100 conversion d) 161,550 direct materials, 158,400 conversion e) 158,400 direct materials, 158,400 conversion
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