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

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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