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Monet Industrial Fabrics Company uses a process costing system. Its Weaving Department completed and transferred out 120,000 units during the current period. The ending inventory

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Monet Industrial Fabrics Company uses a process costing system. Its Weaving Department completed and transferred out 120,000 units during the current period. The ending inventory in the Weaving Department consists of 40,000 units (20% complete with respect to direct materials and 60% complete with respect to conversion costs). Determine the equivalent units of production for the Weaving Department for direct materials and conversion costs assuming the weighted average method. 120,000; 120,000 120,000; 160,000 128,000; 120,000 128,000; 144,000 128,000; 184,000

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