Macadam Corp

question 82

Multiple Choice

Macadam Corp.uses the weighted average method of process costing.Its cost per equivalent unit for direct materials was $5.00 this period,and it had 25,000 equivalent units for direct materials.Beginning inventory costs were 25% of current costs.How much were current costs?

• A)$25,000
• B)$75,000
• C)$100,000
• D)$125,000

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Definitions:

Uniform Products

Uniform products refer to goods that are standardized and identical, with no variation in quality, design, or features across the items produced.

Quality Aspects

The characteristics or features that determine the excellence or superiority of a product, service, or process.

Mass Customisation

A business strategy that combines the efficiency of mass production with the ability to customize products to meet individual customer's needs.

Boutique Engineering

Specialized engineering services offered by smaller firms focusing on a niche market or particular area of expertise.