Dallas CoHas a Production Process in Which the Inspection Point Is

question 135

Multiple Choice

Dallas Co.has a production process in which the inspection point is at 65 percent of conversion.The beginning inventory for July was 35 percent complete and ending inventory was 80 percent complete.Normal spoilage costs would be assigned to which of the following groups of units,using FIFO costing?

• A)no yes yes
• B)yes yes yes
• C)no no yes
• D)yes no no

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Definitions:

Authoritarian Societies

Societies characterized by strict obedience to authority at the expense of personal freedom.

Gender Roles

Social and behavioral norms that are considered appropriate for individuals of a specific gender within a certain culture.

Innate Biological Differences

Natural variations in physiological or genetic characteristics that exist among individuals from birth.

Genes

Units of heredity made up of DNA that are responsible for the genetic traits passed from parents to offspring.