3,000 units in a process that are 70% complete, are referred to as:Question 6Answera.3,000 equivalent units of productionb.900 equivalent units of productionc.900 unequal units of productiond.2,100 equivalent units of production

Compute the number of equivalent units with respect to direct materials using the weighted-average method.   Units Direct Materials Percent Complete Conversion Percent CompleteBeginning work in process inventory 23,000 100% 50%Units started and completed 130,000    Units completed and transferred out 153,000    Ending work in process inventory 31,000 100% 55%

1) The purpose of the equivalent-unit computation is to:A) convert completed units into the amount of partially completed output units that could be made withthat quantity of inputB) assist the business in determining the cost assigned to ending inventory and work-in-processinventory.C) convert partially completed units into the amount of completed output units that could be made withthat quantity of inputD) Both B and C are correc

NexGen Manufacturing commenced a production process with no work-in-progress at the beginning of a period and no losses incurred during the period. Throughout the period, 5,000 units of raw material were input into the process. By the end of the period, 4,500 units had been completed. The closing work-in-progress was 100% complete regarding materials and 60% complete with conversion costs. Calculate the equivalent units of production for the period.Question 11Answera.Materials: 4,500; Conversion costs: 5,300b.Materials: 4,500; Conversion costs: 4,800c.Materials: 5,000; Conversion costs: 4,200d.Materials: 5,000; Conversion costs: 4,800

10) The equivalent unit concept is a means by which a process costing system can compare partiallycompleted work done in each of the various process categories to obtain a total measure of work done.

A manufacturer desires ending finished goods inventory of 5,000 units. Their budgeted unit sales are 20,000 units and beginning finished goods inventory is 3,000 units. The units to be produced isMultiple choice question.18,00022,00025,00030,000