Mccabe Corporation uses the welghted-average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion 1,700 55 % 10 % 9,100 Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 8,200 2,600 75 % 25 % Required: Compute the equivalent units of production for conversion costs for the Assembly Department for September using the weighted average method. Select one: O a. 8000 b. 8850 C. 8750 d. 8800 The difference between absorption costing net operating Income and variable costing net operating Income can be explained by the way these two methods account for Select one: O a. all overhead costs O b. fixed overhead costs O c. variable overhead costs O d. selling and administrative expenses Absorption costing income statements ignore Select one: O a direct materials and direct labor costs O b. variable and fixed cost distinctions O c. direct and Indirect cost distinctions d. product and period cost distinctions Beginning Inventory Units produced 500 Units sold 400 Ending Inventory 100 Excerpt from Wallis Corporation Per Month Selling price Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed manufacturing overhead Fixed selling and administrative expenses Per Unit $ 100 30 20 10 7 $ 10,000 3,000 What is the cost of goods sold for the month of January using the absorption costing method? Select one: O a. 24000 b. 32000 OC. 40000 d. 30000