If 34,000 Units Are 80% Complete with Respect to Direct

question 74

Multiple Choice

If 34,000 units are 80% complete with respect to direct materials,then the equivalent units of production for direct materials are ________.The weighted-average method is used.

• A) 34,000 units
• B) 27,200 units
• C) 6800 units
• D) 40,800 units

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Definitions:

Optimum Point

The most advantageous position or condition that can be achieved in a given circumstance or under certain parameters.

Frozen Yogurt

A dessert made from yogurt and sometimes other dairy products that is frozen and has a taste and texture similar to ice cream.

Indifference Map

A graphical representation of different bundles of goods between which a consumer is indifferent.

Marginal Rate of Substitution

The pace at which a consumer is capable of sacrificing some portion of one item to obtain a different item, without altering their overall happiness.