Question #5 Morgan Company uses the weighted average method in its process costing system. For a particular department, the company had 108,000 equivalent units of production with respect to conversion costs in March. There were 15.000 units in the department's beginning ry, two thirds complete with respect to conversion costs. During March, 105.000 units were started and 100,000 were completed and transferred out of the department. The ending work in process inventory in the department: A. consisted of 5,000 units B. consisted of 10,000 units C. was 40% complete with respect to conversion costs D. was 65% complete with respect to conversion costs Question #6 Aramis Company, a manufacturer of bicycle tires, uses the weighted average method in its process costing system. The company sold 500,000 units during the month of June. There is only one processing department. The following data were taken from the company's accounting records: None 150.000 units Inventory at June 1: Work in process Finished goods Inventory at June 30: Work in process (75% complete as to conversion costs) Finished goods 32,000 units 120,000 units The equivalent units of production for conversion costs for June were: A. 303,000 units. B. 470,000 units. C. 494,000 units. D. 502,000 units Question #7 Pavlov Company uses the weighted-average method in its process costing system. The following information pertains to Processing Department #1 for the month of August: Number of Units 120,000 320,000 340,000 100,000 Cost of Materials $40,000 $108,000 Beginning work in process Started in August Units completed Ending work in process (100% for materials and 75% for conversion costs) All materials are added at the beginning of the process. The cost per equivalent unit for materials was closest to: A. $0.25. B. $0.34 C. $0.44. D. $1.48