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1.3 points Stream Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs.

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1.3 points Stream Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production Timekeeper inc. uses weighted average costing. 400 units Data for the Assembly Department for June 2017 are Work in process, beginning inventory Direct materials (100% complete) Conversion costs (60% complete) Units started during June Work in process, ending inventory: Direct materials (100% complete) Conversion costs (70% complete) 980 units 240 units Costs for June 2017 Work in process, beginning inventory: Direct materials 590.500 Conversion costs $138.000 Direct materials costs added during June 5600.000 Conversion costs added during June $400.500 What are the equivalent units for direct materials and conversion costs, respectively, for junet (Round final answers to the nearest unit) 1380 units: 974 units 1166 units: 1008 units 1220 units: 1220 units 1380 units: 1308 units 17 16

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