Which of the following formulas correctly calculates the number of units transferred out in cell D21? es B D E 1 Wild Company uses the weighted average method of process costing. It had 60,000 units in 2 beginning inventory, which were 80% complete as to materials and 65% complete as to 3 conversion. During the month, it started 120,000 units. At the end of the month, 48,000 units were in inventory, which were 75% complete as to materials and 70% complete as to conversion. Cost information is as follows: 4 5 6 Beginning work in process inventory: 7 Direct materials costs $280,800 8 Conversion costs 181,350 9 Total beginning inventory cost $462,150 10 Costs added during the month: 11 Direct materials costs 710,400 12 Conversion costs 580,410 13 Total costs added during the month 1,290,810 14 Total production costs $1,752,960 15 16 Units Materials % Conversion % 17 Beginning Inventory 60,000 80% 65% 18 Units Started 120,000 19 Ending Inventory 48,000 75% 70% 20 21 Units transferred out 132,000 22 Total equivalent units of production - direct materials 168,000 23 Total equivalent units of production - conversion 165,600 24 Cost per equivalent unit of production for direct materials $5.90 25 Cost per equivalent unit of production for conversion $4.60 26 Cost of units transferred out $1.386.000 27 Cost of units in ending inventory 366.960 28 Multiple Choice =+B17-B18-B19 O =+B17+B18-B19 B17+B18-B19 =-B17-818+B19