Question: The following information are from a company using a process costing system (weighted average methody Work in Process (WIP) Inventory on June 1: 950 units

The following information are from a company using a process costing system (weighted average methody Work in Process (WIP) Inventory on June 1: 950 units 100% complete for direct materials 60% complete for conversion costs Units completed and transferred to finished goods during June 7,700 units Work in Process (WIP) Inventory on June 31 600 units 100% complete for direct materiais 30% complete for direct labor & factory overhead Equivalent units for direct materials during the month totaled: Multiple Choice a 8.830 O 9.250 9,850 8,300 The following information are from a company using a process costing system (weighted average methods Work in Process (WIP) Inventory on June 1: 950 units 100% complete for direct materials 60% complete for direct labor & factory overhead Units completed and transferred to finished goods during June 7,700 units Work in Process (WIP) Inventory on June 31: 600 units 100% complete for direct materials 30% complete for direct labor & factory overhead Equivalent units for conversion costs during the month totaled: Multiple Choice O 8,450 8,820 O O 7,880 9,010

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