QUESTION 32

1. (31) The Sanding Department had 10,000 units in its beginning work-in-process inventory that were 60% complete with respect to conversion. 80,000 units were started during the period.

   The department finished and transferred out 70,000 units. And there were 20,000 units in the ending work-in-process that were 10% complete with respect to conversion.

   Assume that the weighted average method is used. What were the equivalent units (EU) of production for conversion?

   	A.	66,000
   	B.	72,000
   	C.	78,000
   	D.	68,000

Assume that the first-in, first-out (FIFO) method is used. What were the equivalent units (EU) of production for conversion?

	A.	68,000
	B.	72,000
	C.	78,000
	D.	66,000