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Vaughan Trophies had beginning inventory of 10,000 units in Department \#1. During the period they started 80,000 units. At the end of the period there were 20,000 units in ending WIP that were 40% complete. The materials required for production are added at the beginning of the process. Conversion costs are added evenly throughout the production process. The weightedaverage method is used. Evaluate the following statements: 1. Vaughan must have transferred 82,000 units to Department \#2 this period. 2. The equivalent units of production for direct materials are 78,000 units. 3. The equivalent units of production for conversion costs are 90,000 units. All of the Statements are false Both Statements #1 and #3 are true Only Statement \#2 is true Only Statement #1 is true Only Statement #3 is true. Both Statements #1 and #2 are true Both Statements 2 and #3 are true All of the Statements are true Vaughan Trophies had beginning inventory of 10,000 units in Department 81. During the period they started 80,000 units. At the end of the period there were 20,000 units in ending WIP that were 40% complete. The materials required for production are added at the beginning of the process. Conversion costs are added evenly throughout the production process. The weighted-average method is used. Evaluate the following statements: 1. Vaughan must have transferred 82,000 units to Department 42 this period. 2. The equivalent units of production for direct materials are 78,000 anits. 3. The equivalent units of production for conversion costs are 90,000 units. All of the Statements are false Both Statements 31 and 43 are true Only Statement 22 is true Only Statement 41 is true Ooly Statement 43 is true Both statements 11 and 92 are true Both Statements 42 and 53 are thie All of the statements are true