Frost,IncIs a Service Firm That Uses Process Costing

question 98

Multiple Choice

Frost,Inc.is a service firm that uses process costing.The firm worked on a total of 1,600 cases this month,800 of which were completed during the period.The remaining cases were 40% complete.The firm incurred $180,000 in direct labor and manufacturing overhead costs during the period,and had $4,800 in direct labor and manufacturing costs in beginning inventory.Using the weighted average method,what was the total number of equivalent units?

• A)800
• B)1,120
• C)1,440
• D)1,600

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Definitions:

Reactive Substances

Materials that undergo a chemical change when exposed to certain conditions, often used in industrial processes.

Safety Data Sheet

A document that details information on the properties, safety, handling, and potential hazards of a chemical product.

Eyewash Station

A safety device designed to flush the eyes with water or a special fluid to help remove contaminants or chemicals that may cause harm.

Safety Glasses

Protective eyewear designed to shield the eyes from flying debris, dust, or chemicals, commonly used in industrial and laboratory environments.