The Davidson Company Uses a Weighted Average Process Costing System

question 155

Multiple Choice

The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at the beginning of the process and are 100%. $$\begin{array} { | l | r | r | } \hline \text { Units: } & { \text { units } } & \begin{array} { c } \% \text { complete for } \\\text { conversions }\end{array} \\\hline \text { work in process, } 1 / 1 & 60,000 & 15 \% \\\hline \text { started } & 105,000 & \\\hline \text { work in process, } 1 / 31 & 40,000 & 20 \% \\\hline \\\hline \text { Costs: } & & \\\hline & \text { Materials } & \text { Conversion } \\\hline \text { beginning work in process } & \$ 16,500 & \$ 33,250 \\\hline \text { current costs } & \$ 643,500 & \$ 332,500 \\\hline\end{array}$$ What are the equivalent units for materials?

• A)133,000
• B)100,000
• C)165,000
• D)125,000
• E)none of the above

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Wealth

A measure of net worth that includes income, property, and other assets.

Bottom 90 Percent

Refers to the vast majority of a population that is not within the top 10% in terms of wealth or income, often emphasizing disparities in wealth distribution.

Middle Class

Social class composed primarily of white collar workers with a broad range of education and incomes; they constitute about 30 percent of the U.S. population.

Blue-Collar Workers

Employees who perform manual labor, often in industries involving physical work such as manufacturing, construction, and maintenance.