Materials Are Added at the Beginning of a Process in a Process

question 96

Multiple Choice

Materials are added at the beginning of a process in a process costing system. The beginning Work-in-Process Inventory was 30% complete as to conversion costs. Using first-in, first-out (FIFO) process costing, the total equivalent units for materials are:

• A) beginning inventory this period for this process.
• B) units started this period in this process.
• C) units started this period in this process plus the beginning inventory.
• D) units started this period in this process plus 70% of the beginning inventory this period.

---

Definitions:

Exponentially Distributed

Exponentially Distributed describes a type of continuous probability distribution that is often used to model the time between events in a process where events occur continuously and independently at a constant average rate.

Processing Time

The time taken to complete a particular process, often referred to in computing as the time a system takes to process a specific task.

Replications

Repeating experiments or simulations to obtain a more accurate estimate of the true characteristics of a phenomenon.

Queue Capacity

The maximum number of items or individuals that can wait in line or queue before being serviced or processed.