9. When computing the cost per equivalent unit, it is not necessary to consider the percentage completion of the units in beginning inventory under the FIFO method. T/F 10. The weighted-average method of process costing can only be used if materials are added at the beginning of the production process. T/F 11. If there was no beginning work in process inventory, and the ending work in process inventory is 50% complete with respect to conversion costs, the number of equivalent units of production with a. The same as the units completed. b. The same as the units started during the period. c. Less than the units completed. d. Less than the units started during the period. 12. Process costing would be appropriate for each of the following except? a. Custom furniture. b. Oil refining. c. Grain milling. d. Newsprint production. and W 13. Job order costing would be appropriate for which of the following? a. Custom furniture. b. Oil refining. c. Grain milling. d. Newsprint production. 14. Lucas Company uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows: first Work in process on October 1 Units started during October Units completed and transferred to the next Department during October Units 6,000 50,000 44,000 Materials Cost $3,000 $25,560 What was the materials cost of work in process at October 31? (Round intermediate calculations to 2 decimals) a. $3,060. b. $5,520. c. $6,000. d. $6,120. Units 15. Jimbob Co. uses the weighted-average method in its process costing system. The company adds all required materials at the beginning of the process in Department A, which is the first of two stag- in its production process. Information concerning operations in the Department A in October follow Materials Cost

9. When computing the cost per equivalent unit, it is not necessary to consider the percentage completion of the units in beginning inventory under the FIFO method. T/F 10. The weighted-average method of process costing can only be used if materials are added at the beginning of the production process: T/F 11. If there was no beginning work in process inventory, and the ending work in process inventory is 50% complete with respect to conversion costs, the number of equivalent units of production with a. The same as the units completed. b. The same as the units started during the period. c. Less than the units completed. d. Less than the units started during the period. 12. Process costing would be appropriate for each of the following except? a. Custom furniture. b. Oil refining. c. Grain milling. d. Newsprint production. 13. Job order costing would be appropriate for which of the following? a. Custom furniture. b. Oil refining. c. Grain milling. d. Newsprint production. 14. Lucas Company uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in What was the materials cost of work in process at October 31 ? (Round intermediate calculations to 2 decimals) a, $3,060, b. $5,520, c. $6,000, d. $6,120. 15. Jimbob Co, uses the weighted-average method in its process costing system. The company adds all required materials at the beginning of the process in Department A, which is the first of two stag in its production process. Information concerning operations in the Department A in October follow