Weiss Company

Weiss Company adds material at the start of production. The following production information is available for September:

Beginning Work in Process Inventory

$(45\%$ complete as to conversion$)10,000$ units

Started this period $120,000$ units

Ending Work in Process Inventory

$(80\%$ complete as to conversion$)8,200$ units

Beginning Work in Process Inventory Costs:

Material $$24,500$

Conversion $68,905$

Current Period Costs:

Material $$75,600$

Conversion $130,053$

Refer to Weiss Company. What are the equivalent units for conversion using the FIFO method?

Select one:

a$.118,360$

b$.128,360$

c$.122,860$

d$.123,860$

Refer to Weiss Company. What is the conversion cost per equivalent unit using the weighted average method?

Select one:

a$.$ $$1\mathrm{.}55$

b$.$ $$1\mathrm{.}01$

c$.$ $$1\mathrm{.}61$

d$.$ $$1\mathrm{.}05$