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%

---

Definitions:

Dorsiflexion

The backward bending and contracting of your hand or foot, decreasing the angle between the dorsum (back) and the leg.

Plantar Flexion

The motion of moving the foot so that the toes are pointed downward, away from the leg.

Acetylcholine

A neurotransmitter involved in muscle activation, memory formation, and the transmission of nerve impulses.

Aerobic Exercise

Physical activity that improves cardiovascular health by increasing the heart rate and maximizing the amount of oxygen in the blood.