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QUESTION 8 Huskie Company has a process costing system using the weighted average cost flow method....

QUESTION 8

  1. Huskie Company has a process costing system using the weighted average cost flow method. All materials are introduced at the beginning of the process in Department 1. The following information is available for the month of January:

    Units

    Work in Process, January 1 (60% complete as to conversion cost)

    3,000

    Started in January

    12,000

    Transferred to Department 2 during January

    10,000

    Work in Process, January (20% complete as to conversion cost)

    5,000

    Reference: Huskie EU


    The number of equivalent units of production for material costs for the month of January are:

    A.

    15,000
    B.

    14,000
    C.

    11,600
    D.

    11,000
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