1 Asian Paint Company uses a process costing system in the manufacture and packaging of their premium paints. Beginning work in process includes 400 units that are 20% complete with respect to conversion and 30% complete with respect to materials. Ending work in process includes 200 units that are 40% complete with respect to conversion and 50% complete with respect to materials. If 2,000 units were started during the period, what are the equivalent units of production for the period according to the weighted-average method? 5:00 Multiple Choice O O O O Conversion equivalent units = 2,280 units; Material equivalent units = 2,300 units Conversion equivalent units = 1,980 units; Material equivalent units = 2,080 units Conversion equivalent units = 2,480 units; Material equivalent units = 1,980 units Conversion equivalent units = 2,280 units; Material equivalent units = 2,100 units

Asian Paint Corripary uses a process costing system in the manufacture and packaging of their premium paints, Beginnicig work in process includes 400 units that are 20% complete with respect to conversion and 30% complete with respect to materiais. Ending work in process includes 200 units that ate 40% complete with respect to conversion and 50% complete with respect to materials. If 2,000 units were started during the period, what are the equivalent units of production for the period according to the weighted-average method? Mulitiple Choice Comversion equivalent units =2,280 units, Material equivalent units =2,300 units Comversion equivalent units =1,980 units; Material equivalent units =2,080 units Comversion equivalent units =2,480 units; Material equivalent units =1,980 units Conversion equivalent units =2,280 units; Material equivalent units =2,100 units