Brody Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory for January consisted of 1,250 units that were 75% completed. 10,000 units were started into the process during January. On January 31, the inventory consisted of 400 units that were 50% completed. What would be the equivalent units for conversion cost using the weighted average method? Mutiple Choice 10,000 10,300 11250 050 Nettle Co. uses process costing to account for the production of rubber balls. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 15,600 units for materials and 15,500 units for conversion costs. Beginning inventory consisted of $9,500 in materials and $4,450 in conversion costs. April costs were $55,800 for materials and $65,100 for conversion costs. Ending inventory still in process was 3.875 units (100% complete for materials, 50% for conversion). The equivalent cost per unit for conversion costs using the FIFO method would be: O Multiple Choice $0.90 $4.45 $870 $420 Nettie Co. uses process costing to account for the production of rubber bells. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 14300 units for materials and 14,000 units for conversion costs. Beginning inventory consisted of $5,000 in materials and $9,700 in conversion costs. April costs were $57,810 for materials and $50,400 for conversion costs. Ending inventory still in process was 7,000 units (100% complete for materials, 50% for conversions. The equivalent cost per unit for materials using the FIFO method would be closest to Musple Choice $10426 587170 $410001 544540