O) A company uses a processo 120,000 units during the current period of 40,000 units (20% complete with respect conversion costs). of 40.00 units dura process.com process costing system. Its Weaving Determine the equivalent units of produ conversion costs assuming th aving Department completed and transferred on ending inventory in the Weaving Department con to direct materials and 60% complete with respect to duction for the Weaving Department for direct materials B) 120,000 materials; 12 A) 128,000 materials: 184.000 conversion. ssuming the weighted average method. 0,000 materials: 120,000 conversion. 128,000 materials: 120.000 conversion. 120,000 materials: 160.000 conversion. 128,000 materials: 144,000 conversion. 7) The three major cost co A) Indirect labor, i e major cost components of manufacturing a product are: direct labor, indirect materials, and fixed expenses. B) General, selling, and administrative costs. C) Marketing, selling, and administrative costs. D) Product costs, period costs, and variable costs. E) Direct materials, direct labor, and factory overhead. process cost summary is a managerial accounting report that describes all bu "owing