MegaRock Produces Quick Setting Concrete Mix

question 115

Multiple Choice

MegaRock produces quick setting concrete mix. Production of 200,000 tons was started in April, 190,000 tons were completed. Material costs were $3,152,000 for the month while conversion costs were $591,000. There was no beginning work-in-process; the ending work-in-process was 70% complete.
-What is the cost of the product that was completed and transferred to finished goods?

• A) $3,610,000.
• B) $3,555,850.
• C) $2,994,400.
• D) $3,743,000.

---

Definitions:

Extinction

In behavioral psychology, refers to the gradual weakening and disappearance of a conditioned response when it is no longer reinforced.

Performance Feedback

Information given to individuals or groups about the quality or effectiveness of their job performance, intended to facilitate improvement.

Verbal Representation

The expression or communication of ideas and thoughts through spoken words.

Performance Feedback

Information given to individuals about their actions' outcomes regarding effectiveness, aiming to improve future performance.