Question: Company R uses a process costing system. The weighted average method is used in the computation of equivalent units of production. On June 1, 2020,

Company R uses a process costing system. The weighted average method is used
in the computation of equivalent units of production. On June 1, 2020, the work-in
process inventory consists of 10,000 units which were 50% completed as to
conversion cost. Units transferred-in during the month of June were 35,000. The
ending work-in process of 8,000 units was 25% completed as to conversion cost.
What is the EUP for conversion cost for the month of June?
1. 39,000 units
2. 34,000 units
3. 37,000 units
4. 35,000 units

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