The weighted-average method of process costing excludes the beginning work in process inventory costs in computing the cost per equivalent unit for the current period. True or False True False If a firm's expected sales are $268,000 and its break-even sales are $199,000, the margin of safety in dollars is: Multiple Choice $24,900. $268,000 $69,000 $199,000 $467,000 A production department reports the following conversion costs. Equivalent units of production for conversion total 357000 for this period. Calculate the cost per equivalent unit of production for conversion. The company uses the weighted-average method Cost of beginning work in process Costs added this period 268,000 1,124,300 Multiple Choice $3.90 $0.42 $3.65 $2.90 $0.75