27) Which of the following is FALSE concerning equivalent units? A) Equivalent units are calculated separately for each cost category. B) Equivalent units are equal to physical units. C) Equivalent units measure output in terms of the physical quantities of the inputs consumed. D) Equivalent units are necessary when process costing is used. E) The number of equivalent units may be identical for direct materials and for conversion costs. 28) Beginning inventory contained 5,000 units of goods that were 40 percent complete as to direct material, and 50 percent complete as to conversion. What is the equivalent units completed for materials and conversion at the beginning of the year, respectively? Assume that both types of costs are incurred evenly throughout the process. A) 5,000 and 5,000 B) 1,000 and 5,000 C) 3,000 and 2,500 D) 2,000 and 2,500 E) 0 and 5,000 30) Regardless of whether previous departments used the weighted-average or the FIFO method, all transferred-in costs during a given period are carried at A) the cost at which it was transferred in. B) the previous period's costs. C) multiple unit-cost figures. D) the final cost. E) one average unit-cost. 31) Units of production that can be reprocessed and then be sold as finished goods are best known as A) reworked units. B) scrap C) normal spoilage. D) work-in-process. E) abnormal spoilage.