hours incurred on jobs during the year was 90,000 hours. Which of the following is correct to record MOH applied ? A. Debit WIP for $324,000 B. Debit MOH for $324,000 C. Debit WIP for $340,000 D. Credit WIP $324.000 14. Lancer Company uses the weighted average(WA) method in its process costing system. The following data pertain to operations in the first processing department for a recent month: 5,000 Work in process, beginning Direct Material (90%): Conversion Cost(80%) 2 Units started into production during the month Units completed and transferred out during month 30,000 Cost in the beginning inventory: Material cost $13.400 Conversion cost $ 8,200 Materials cost added during the month $ 87, 800 Conversion cost added during the month $ 93, 000 Work in process, ending: 4,000 Direct Materials(75%); Conversion Cost (50%) How many units were started and completed during the month ? A. 25,000 B. 30.000 C. 29.000 D. 55,000 15. Lancer Company uses the weighted-average(WA) method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: 5.000 Direct Material (90%); Conversion Cost(80%) Units started into production during the month 2 Units completed and transferred out during month ...... 30,000 Cost in the beginning inventory: Material cost $13,400 Conversion cost $ 8.200 Materials cost added during the month S 87.800 Conversion cost added during the month S 93.000 Work in process, ending: .4,000 Direct Materials(75%); Conversion Cost (50%) How much is the unit cost per equivalent unit under Weighted Average? A. S 6.23 BS 3.07 C. $3.16 D. $6.40