Questions 17-20 C5 Injection Molding, Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Direct materials are added at the beginning of production. Tot omplex 200 units 600 units 200 units Data for February 2019 are: Work in process, beginning inventory, 30% converted Units started during February Work in process, ending inventory: 70% complete as to conversion costs 100% complete as to materials Costs for February 2019 are: Work in process, beginning inventory: Direct materials Conversion costs Direct materials costs added during February Conversion costs added during February 100,000 100,000 1,000,000 1,250,000 17. How many units were completed and transferred out during February? A) 700 units B) 100 units 800 units D) 600 units 200 000 -200) equrolent to material 18. Assume the weighted average process costing method is used, what were the equivalent units of direct material costs and conversion costs, respectively, at the end of February? A 600 units; 540 units Unit completed transferted 600 wor 600 B) 800 units; 740 units Unit in proces endis 800 units; 660 units D) 600 units; 660 units 800 200 100 2010 & material. a content 200 oque 19. Assume the FIFO process costing method is used, what were the equivalent units of direct material costs and conversion costs, respectively, at the end of February? A) 700 units; 660 units Whit in proces beginnig B) 800 units; 760 units Unit completed 400 wo? C) 600 units; 680 units whit in proces endly 200 200 70% D) 600 units; 540 units + BO 400 30 100 660
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