A Company Uses the FIFO Method for Inventory Costing

question 67

Multiple Choice

A company uses the FIFO method for inventory costing.At the start of the period the production department had 20,000 units in beginning Work in Process inventory which were 40% complete;the department completed and transferred 165,000 units.At the end of the period,22,000 units were in the ending Work in Process inventory and are 75% complete.The production department had labor costs in the beginning goods is process inventory of $99,000 and total labor costs added during the period are $726,825.Compute the equivalent cost per unit for labor.

• A)$4.40.
• B)$4.76.
• C)$4.19.
• D)$4.55.
• E)$4.61.

Differentiate between various reproductive strategies in algae and protists.

Describe the structure and function of key cellular components specific to algae and protists.

Explain the evolutionary relationships among algae, protists, and other kingdoms.

Understand the concept of endosymbiosis and its significance in the evolution of eukaryotic cells.

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Definitions:

Directs Behavior

Influences or guides actions and responses of an organism or system in certain situations, often in response to external stimuli or internal states.

Motivated State

A psychological condition in which an individual is driven or moved to behave in a particular way due to internal or external forces.

Physiological Need

A basic bodily requirement that must be met to maintain health and survival, such as the need for food, water, and sleep.

Drive Reduction

A theory in psychology that suggests motivation arises from the desire to reduce internal drives caused by unmet biological needs.