Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 20% complete. The following data pertain to May:

Units

Work in process, May 1

10,000

Units started during May

60,000

Units completed and transferred out

63,000

Work in process, May 31

7,000

Total

Direct Materials

Conversion Costs

Costs:

Work in process, May 1

$41,000

$16,000

$25,000

Costs incurred during May

236,000

73,000

163,000

Totals

$277,000

$89,000

$188,000

1.Using the weighted-average method of process costing, the equivalent units of direct materials total:

A.68,000.

B.69,400.

C.70,000.

D.75,000.

2.Using the weighted-average method of process costing, the equivalent units of conversion activity total:

A.60,400.

B.64,400.

C.69,400.

D.74,000.

3.Using the weighted-average method of process costing, the cost per unit of direct materials is:

A.$1.17.

B.$1.18.

C.$1.27.

D.$1.28.

4.Using the weighted-average method of process costing, the cost per unit of conversion activity is:

A.$2.50.

B.$2.92.

C.$2.70.

D.$2.76.