stion 22 Landers Company which uses the weighted average process costing system,

Question

stion 22 Landers Company which uses the weighted average process costing system, has the following informatio Landers Company, which uses the weighted average process costing system, has the following information Units n workn-process, beginning inventory (100% materials, 25% conversion Units started during May Units completed and transferred out Units in work-ln-process, ending inventory (100% materials, 30% conversion Equivalent units for materials is O a. 120,000 e b. 130,000 10,000 120,000 100,000 30,000 - c. 109,000 O d 106.000

Explanation / Answer

Answer a

% of completion Units equivalent units Beginning inventory 100% 10000 0 started and completed 100% 90000 90000 Closing inventrory 100% 30000 30000 120000

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