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Question 38 (3 points) The company had WIP at the beginning and end of March as follows: DM CC March 1 200 units 40% 10%
Question 38 (3 points) The company had WIP at the beginning and end of March as follows: DM CC March 1 200 units 40% 10% March 31 100 units 80% 40% The company completed 250 units during March, and manufacturing costs incurred were DM $1,200 and CC $1,800. Inventory at March 1 was carried at the cost of DM $300 and CC $150. Using weighted average costing, determine equivalent units (EU) for DM and CC. CC DM a) 300 250 O CC DM b) 290 330 DM CC c) 330 290 CC DM d) 250 300 Question 39 (3 points) Using the same data as Question 38 and weighted average costing, the costs per EU are $4.50 for DM and $$6.70 for CC. Compute the costs of the units completed under weighted average costing. a) $2,760 Ob) $2,800 c) $2,940 d) $2,860 Question 40 (3 points) Using the same data as Question 38 and FIFO costing, determine EU for DM and CC under FIFO costing. CC DM a) 270 250 DM b) 250 270 DM CC 230 250 CC DM d) 250 230 Question 41 (3 points) Using the same data as Question 38 and FIFO costing, the costs per EU are $4.80 for DM and $6.70 for CC. Compute the costs of the units completed under FIFO costing. a) $2,650 Ob) $2,960 c) $2,700 d) $2,807
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