Question: Lumb corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed

Lumb corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:  Lumb corporation uses the weighted average method in its process costing
What are the equivalent units for the month in the first processing statement?

Lumb Corporation uses the weighted-average method in its process costing system. Data concerning the first processing de Beginning work in process inventory 200 $2,800 $2,600 Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect t Percent complete with r Units started into production during the month Units transferred to the next department during the month Materials costs added during the month Conversion costs added during the month Ending work in process inventory Units in ending work in process inventory Percent complete with respect to materials 35 7,900 $166.00 $261,000 85 Percent complete with respect to conversion Note: Your answers may differ from those offered below due to rounding error in all cases, select the answer that is the closest r What are the equivalent units for matenals for the month in the first processing department? O 595 7995 8100 7400

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