Reference: 04-07
the Information Below Was Obtained from the Records

question 36

Multiple Choice

Reference: 04-07
The information below was obtained from the records of the first processing department of Moore Company for the month of May. The company uses the weighted-average method in its process costing system. $$\begin{array} { | l | l | l | } \hline & \text { Units } & \begin{array} { l } \text { Labour and Overhead } \\\text { (Percentage Complete) }\end{array} \\\hline \text { Work in process, May 1 } & 10,000 & 40 \% \\\hline \text { Units started } & 64,000 & \\\hline \text { Completed and transferred out } & 60,000 & \\\hline \text { Work in process, May 31 } & 14,000 & 70 \%\\\hline\end{array}$$ All materials are added at the beginning of the process.
-The equivalent units of production for materials for the month of May were

• A)74,000 units.
• B)64,000 units.
• C)60,000 units.
• D)69,800 units.

---

Definitions:

Equifinality

The ability of an open system to reach the same final state from differing initial conditions and by a variety of paths.

Systems Perspective

An analytical approach that views a system as a cohesive whole comprised of interrelated and interdependent parts functioning together.

Global Climate Change

The long-term alteration in Earth's climate and weather patterns, largely attributed to human activities, especially carbon emissions leading to global warming and related environmental impacts.

Greenhouse Gases

Gases in Earth's atmosphere that trap heat, contributing to global warming and climate change.