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Use the following information to answer questions 15 throsgh Axel Company uses the weighted average method for process costing. On October I there were 5,000

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Use the following information to answer questions 15 throsgh Axel Company uses the weighted average method for process costing. On October I there were 5,000 physical units in the beginning W.I.P inventory with materials costs of 510,000 and conversion costs of $40,000. During October Axel started another 85,000 physical units into production. Axel's October materials costs were $161,000 and Oetober conversion costs were $336,550. Oa Oetober 317,000 physical anits were still in process, 80 \% complete with respect to cotnversiod. All malerials are added at the beginning of the process. 15) Axel's total physical units to account for during October was A) 90,000 B) 80,000 C) 88,000 D) 87,000 16) The number of plrysical units in Axel's transfer group was A) 86,000 B) 83,000 C) 80,000 D) 81,000 17) The total number of materials equivalent units for October was A) 80,000 B) 88,000 C) 87,000 D) 90,000 18) The total number of conversion cquivalcnt units for October was A) 88,600 B) 86,800 C) 88,000 D) 88,900 19) The materials cost per equivalent unit for October was. A.) $4 B) 52 C) 51.85 D) 51.90 20) The conversion cost per equivalent unit for October was A) $4.25 B) 54.50 C) 54.45 D) $4.00 21) The total unit cost per equivalent unit for Oetober was A) $6,60 B) 56.15 Botrar 21) The total unit cost per equivalent unit for October was A) $6.60 B) $6.15 C) $6.95 D) $6.00 22) The amount of costs transferred out during October was A) $511,000 B) $563,000 C) $510,450 D) $562,000 23) The amount of the ending W.I.P. inventory on October 31 was A) $37,800 B) $31,700 C) $42,000 D) $37,100

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