1. Medina Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is: Beginning inventory of goods in process (40% complete, $1,1 200 units 400 units 3,200 units 00) Ending inventory of goods in process (80% complete) Total units started during the year A. 3,200 units. B. 3,000 units. C. 3,400 units. D. 3,160 units. 2. A company uses a process cost accounting system. Its Sewing Department completed and transferred out 120,000 units during the current period. The ending inventory in the Sewing Department consists of 40,000 units (20% complete with respect to direct materials and 60% complete with respect to direct labor). Overhead is applied on the basis of direct labor. Determine the equivalent units of production for the Sewing Department for direct materials, direct labor and overhead assuming the weighted average method. A. 120,000; 120,000; 120,000 B. 120,000; 160,000; 120,000 C. 128,000; 120,000; 120,000 D. 128,000; 144,000; 144,000 A process cost summary is a managerial accounting report that describes: A. The costs charged to a department. B. The equivalent units of production by the department. C. How the costs were assigned to the output. D. All of these. Which of the following products is least likely to be produced in a process A Comnact disks. B. Slacks for casual wear. C. Baseball hats.D Custom cabinets at la euat nene