1. AbC B Company uses the weighted-average method in its process costing system. The Assembly Department started the month with 4,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. An additional 62,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 14,000 units in the ending work in process inventory of the Assembly Department that were 30% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?

52,000

55,400

56,200

72,000

2.ABC company is preparing its cash budget for the year. The budgeted beginning cash balance is Rs 90,000. Budgeted cash receipts total Rs 540,000 and budgeted cash disbursements total Rs 377,000. The desired ending cash balance is Rs38,000. The excess (deficiency) of cash available over disbursements for June will be:Single choice.

219,000 cash deficiency

215,000 cash excess

215,000 cash deficiency