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A Department Adds Materials at the Beginning of the Process

question 66

Short Answer

A department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of July, there was no beginning work in process; 40,000 units were completed and transferred out; and there were 20,000 units in the ending work in process that were 40% complete. During July, $120,000 materials costs and $105,000 conversion costs were charged to the department.
The unit production costs for materials and conversion costs for July was  Materials Conversion Costs  a. $2.00$1.75 b. $2.00$2.19 c. $2.50$1.75 d. $3.00$2.66\begin{array}{lll}&\text { Materials }&\text {Conversion Costs }\\\text { a. } & \$ 2.00 & \$ 1.75 \\\text { b. } & \$ 2.00 & \$ 2.19 \\\text { c. } & \$ 2.50 & \$ 1.75 \\\text { d. } & \$ 3.00 & \$ 2.66\end{array}

Apply knowledge of Myers-Briggs typology to improve communication and interaction in a professional setting.
Understand the importance and methods of analyzing the audience for effective communication and persuasion.
Differentiate between various organizational audiences and their roles in the communication process.
Appreciate the importance of linking new information to prior knowledge when presenting information to an audience.

Definitions:

P(A and B)

The probability of both event A and event B occurring in a combined manner.

P(A or B)

The probability of event A happening, event B happening, or both events happening.

P(A)

Denotes the probability of event A happening.

P(B)

The probability notation referring to the likelihood of event B occurring.

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