1. A company using process costing completed and transferred 8,000 units of a product to finished goods. In addition to the transferred units, 4,000 additional units were in process 40% complete when the period ended. In computing average unit cost, how many equivalent units would be used?
A. 12,000
B. 6,400
C. 8,000
D. 9,600
2. In a joint manufacturing process, a chemical company produces 10,000 gallons of the chemical Argon, and 10,000 gallons of the chemical Krylon. The joint costs of processing are $45,000 for materials and $160,000 for conversion costs. The Argon sells for a total of $273,000, and the Krylon for $182,000. Using the relative sales value method, the costs to be assigned to Krylon are:
A. $123,000
B. $82,000
C. $102,500
D. $64,000