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Garcia Company Uses the Weighted Average Method in Its Costing

Question 38

Multiple Choice

Garcia Company uses the weighted average method in its costing system. For the month of May in the Assembly Department, the equivalent units for conversion costs amounted to 35,000. There were 5,000 units in beginning work-in-process that were 50% complete. During the month, 33,000 units were started and 31,400 were completed and transferred. The ending work in process consists of


A) 5,000 units.
B) 7,000 units.
C) 3,600 units.
D) 6,600 units.

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