Gambino Construction adds materials at the beginning of production and incurs conversion cost uniformly throughout manufacturing. Consider the data that follow.

UnitsBeginning work in process29,400Started in August60,000Production completed63,500Ending work in process, 40% complete25,900

Conversion cost in the beginning work-in-process inventory totaled $133,000, and August conversion cost totaled $344,000. Assuming use of the weighted-average method, which of the following choices correctly depicts the number of equivalent units for conversion cost and the conversion cost per equivalent unit?

Equivalent Units: Conversion CostsConversion Cost Per Equivalent UnitA.63,500$5.37B.73,860$5.34C.73,860$6.46D.89,400$5.34E.89,400$6.46

rev: 03_12_2020_QC_CS-204491

Multiple Choice

• Choice A
• Choice B
• Choice C
• Choice D
• Choice E