Answer the following questions using the information below:
Dustin Plastics, Inc., manufactures plastic moldings for car seats.Its costing system uses two cost categories, direct materials and conversion costs.Each product must pass through Department A and Department B.Direct materials are added at the beginning of production.Conversion costs are allocated evenly throughout production.Data for Department A for February 2018 are:
Costs for the Department A for February 2018 are:

-What were the equivalent units of direct materials and conversion costs, respectively, for February? Assume Dustin Plastics, Inc., uses the weighted-average process costing method.
A)800; 730
B)800; 800
C)800; 700
D)600; 500
E)700; 630

Question

Answer the following questions using the information below:
Dustin Plastics, Inc., manufactures plastic moldings for car seats.Its costing system uses two cost categories, direct materials and conversion costs.Each product must pass through Department A and Department B.Direct materials are added at the beginning of production.Conversion costs are allocated evenly throughout production.Data for Department A for February 2018 are:
  Costs for the Department A for February 2018 are:
 
-What were the equivalent units of direct materials and conversion costs, respectively, for February? Assume Dustin Plastics, Inc., uses the weighted-average process costing method.
A)800; 730 
B)800; 800 
C)800; 700 
D)600; 500 
E)700; 630

Quizplus · Accepted Answer

The equivalent units of direct materials and conversion costs are 800 and 730, respectively. This is because the weighted-average process costing method assigns costs to units based on the percentage of completion of those units. In this case, 800 units were started and completed during February, and 730 units were started but not completed.

Answer the Following Questions Using the Information Below