Spring $2024$ ACTG $326$: Cost Accounting

$20.AB{C}^{\text{'}}\text{'}$s costing system utilizes two cost categories, direct materials and conversion costs. Products are started in Department A and then transferred to Department B$.$ Direct materials are added at the beginning of production, so all units are $100\%$ complete with respect to direct materials. Conversion costs are allocated evenly throughout production.

Physical unit for Department A for February $1998$ are:

Work in process, beginning inventory, $40\%$ complete with

respect to conversion costs

Units started during February

Work in process, ending inventory, $70\%$ complete with

$400$ units

respect to conversion costs

Costs for Department A for February $2022$ are:

Work in process, beginning inventory:

Direct materials $$164,000$

Conversion costs $$202,000$

Direct materials costs added during February $$603,000$

Conversion costs added during February $$427,000$

$800$ units

$240$ units

How many units were completed and transferred out of Department A during February?

a$.1,200$ units

b$.960$ units

c$.800$ units

$($c$)640$ units

$21.$ The assembly department had $100$ units as work in process at the beginning of the month. These units were $55\%$ complete with respect to conversion costs. It has $200$ units which are $20\%$ complete at the end of the month with respect to conversion costs. During the month, it completed and transferred $500$ units. Direct materials are added at the beginning of production, so all units are $100\%$ complete with respect to direct materials. Conversion costs are allocated evenly throughout production. The company uses the weighted average process costing method. What is the number of equivalent units of work done during the month with regards to direct materials?

a$.500$ units

b$.600$ units

a$.800$ units

d$.700$ units

Both answers are provided please show how to solve them.