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Apex Corporation experienced the following during April:
Apex Corporation experienced the following during April:Beginning WIP inventory 7,500 units, 40% of labor added in this periodUnits started in this period 64,000 unitsEnding WIP inventory 5,000 units, 60% of labor added in this periodDirect materials are added at the beginning of the process and direct labor is added uniformly throughout the process.Required: What should be the equivalent units for direct materials and direct labor under a weighted average method? ► 66,500 units 66,500 units► 66,500 units72,000 units► 71,500 units 69,500 units► 64,000 units 74,000 units
