In a process cost system, the cost of completed production in Department A is transferred to Department B by which of the following entries? a. Debit Work in Process (WIP) Dept. B: credit Finished Goods-Dept. A b Debit Work in Process (WIP-Dept. B, credit Work in Process (WIP)-Dept. A. c. Debit Work in Process (WIP) Dept. B: credit Cost of Goods Sold-Dept. A. d. Debit Finished Goods, credit Work in Process (WIP)-Dept. B. A process cost system would most likely be used by a company that makes: a. breakfast cereal. b motion pictures. c. wedding invitations. d roller coasters. Equivalent units of production are equal to: a. The number of units still in process that period. b. The number of finished units actually produced that period. c. The number of units introduced into the process that period. d. Physical units that were completed this period from all effort being applied them. e. The number of units that could have been completed if all effort had been applied to units that were started and completed that period. The following data are from a company using a process costing system: Beginning Work in Process (WIP) Inventory on May 1: 950 units 100% complete for direct materials 60% complete for direct labor & factory overhead Units completed and transferred to finished goods during May: 7, 700 units Ending Work in Process (WIP) Inventory on May 31: 600 units 100% complete for direct materials 30% complete for direct labor& factory overhead Equivalent units of production for conversion costs during the month totaled: a. 7880. B. 8, 820. c. 9.010. d. 8, 450. Equivalent units for direct materials during the month totaled: a. 9, 850. B. 9.250. c. 8, 830. D. 8, 300