QUESTION 3 The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (30% completed ) Completed and transferred units during June 4,000 units 65,000 units Ending inventory (60% complete) 10,000 units What is the number of conversion equivalent units of production in the ending inventory June 30 Finishing Department inventory, assuming that the weighted average method used to cost inventories? 6,000 4,000 69,000 71,000 QUESTION 4 The following production data were taken from the records of the Finishing Department for June Inventory in process, June 1 (30% completed) Completed and transferred units during June 4,000 units 65,000 units Ending inventory (60% complete) 10,000 units What is the number of conversion equivalent units of production in the Finishing Department inventory, assuming that the weighted average method is used to cost inventories? 55,000 71,000 65,000 69,000