Question: 1. A company's beginning work in Process inventory consisted of20,000 units that were 20% complete with respect to direct labor These beginning units were completed and another 90,000 units were started during the current period. of those started.
60,000
74,000.
76,000.
92,000.
96,000.
2. Which of the following products is most likely to be produced in a process operations system?
Airplanes
Cereal
Bridges
Designer bridal gowns
Custom cabinets
3. A company uses a process costing system. Its Weaving Department completed and transferred out 120.000 units during current period The ending inventory in the Weaving Department consists of 40.000 units (20% complete with respect to direct materials and 60% complete with respect to conversion costs) Determine the equivalent units of production for the Weaving Department for direct materials and conversion costs assuming the weighted average method
120.000;120,000;
120,000; 160,000
128.000; 120.000
128,000; 144,000
128,000; 184,000