Caston Corp

question 52

Multiple Choice

Caston Corp.uses a FIFO process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process.Beginning inventory for January consisted of 1,000 units that were 40% completed with respect to conversion costs.10,000 units were started into the process during January.On January 31,the inventory consisted of 500 units.Equivalent units for conversion costs were 10,450.What percentage complete was the ending inventory on January 31 with respect to conversion costs?

• A)70%
• B)80%
• C)90%
• D)100%

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Definitions:

Mechanics Of Breathing

The physiological processes involved in the movement of air into and out of the lungs, primarily driven by the diaphragm and intercostal muscles.

Oxygen Concentration

The amount of oxygen present in a given environment, crucial for the respiration processes in aerobic organisms and in various industrial applications.

Tidal Volume

The volume of air moved into or out of the lungs during a normal breath, essential in respiratory physiology.

Vital Capacity

The maximum amount of air a person can exhale after maximum inhalation, used to assess the health of the respiratory system.