1. (2 points) Jason Corporation uses the weighted average method in its process costing system. The Assembly Department started the month with 10,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 55,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 52,000 units were completed in the Assembly Department and transferred to the next processing department. There were 13,000 units in the ending work in process inventory of the Assembly Department that were 80% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month? A. 58,000 B. 55,400 C. 62,400 D. 52,000 2. (2 points) Lauren Corporation uses the weighted average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below: Units Percent Complete with Respect to Conversion 5,400 20% 38,100 Beginning work in process inventory........ Transferred in from the prior department during October Completed and transferred to the next department during October... Ending work in process inventory .......... 37,800 .......... 5,700 60% What were the equivalent units for conversion costs in the Lubricating Department for October? A. 41,220 B. 38,400 C. 37,800 D. 41,520