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9 9. Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each
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9. 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 Data for the Assembly Department for June 20x9 are: Work in process, beginning inventory 250 units Direct materials (100% complete) Conversion costs (50% complete) Units started during June Work in process, ending inventory: Direct materials (100% complete) Conversion costs (75% complete) What are the equivalent units for direct materials and conversion costs, respectively, for June? A. 1,200.5 units; 1,160.64 units B. 1,050 units; 1,012.50 units c. 1,050 units; 1,050 units D. 950 units; 912.50 units 800 units 150 units Step by Step Solution
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