Solved

Answer the Following Questions Using the Information Below

Question 11

Multiple Choice

Answer the following questions using the information below:
The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Cuckoo Clock Shop uses weighted-average costing.
Answer the following questions using the information below: The Cuckoo Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Cuckoo Clock Shop uses weighted-average costing.    -What are the equivalent units for direct materials and conversion costs, respectively, for June? A)  1,050 units; 1,012.5 units B)  962 units; 990 units C)  1,050 units; 1,050 units D)  1,200.5 units; 1,160.64 units
-What are the equivalent units for direct materials and conversion costs, respectively, for June?


A) 1,050 units; 1,012.5 units
B) 962 units; 990 units
C) 1,050 units; 1,050 units
D) 1,200.5 units; 1,160.64 units

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents