Beginning Inventory for the Month Contained 3,000 Units That Were

question 5

Multiple Choice

Beginning inventory for the month contained 3,000 units that were 60 percent complete with respect to materials.During the month,50,000 units were completed and transferred out.Ending inventory contained 5,000 units,30 percent complete with respect to materials.The weighted average equivalent units of production for materials for the month would be

• A)50,000
• B)51,500
• C)50,300
• D)49,500

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Definitions:

Unit-Level

Activities or costs that vary with each unit of production, such as materials and direct labor.

Batch-Level

Activities or costs that are incurred for each batch of products rather than for each unit, affecting multiple units of a product at one time.

Facility Level

Pertains to the activities and costs associated with maintaining a physical establishment or the overall environment where business operations occur.

Sales Price

The amount a customer pays to purchase a good or service.