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Problem 1: The Swivel Chair Company manufacturers a standard recliner. During? February, the? firm's Assembly Department started production of? 155,000 chairs. During the? month, the firm completed? 185,000 chairs and transferred them to the Finishing Department. The firm ended the month with? 18,000 chairs in ending inventory. All direct materials costs are added at the beginning of the production cycle.? Weighted-average costing is used by Swivel. What were the equivalent units for conversion costs for February if the beginning inventory was? 70% as to conversion costs and the ending inventory was? 45% as to conversion? costs?
A. ?171,200B. ?163,100C. ?193,100D. ?185,000
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