The following data were taken from the accounting records of the Hazel Corporation which uses the weighted-average method in its process costing system:

Beginning work in process inventory (materials 90% complete; conversion 60% complete): 40,000 units

Started in process during the period- 80,000 units Ending work in process inventory (materials 100%)

complete; conversion 70% complete)- 30,000 units

The equivalent units for material costs was:

A) 90,000 units B) 120,000 units C) 111,000 units D) 87,000 units

The equivalent units for conversion costs was:

A) 90,000 units B) 120,000 units C) 111,000 units D) 87,000 units

40,000 units 80,000 units

30,000 units