Reference: 04-12
GK Manufacturing Had Inventory at May 1 of 5,000

question 79

Multiple Choice

Reference: 04-12
GK Manufacturing had inventory at May 1 of 5,000 units which were 70% complete as to conversion costs. The
May 1 inventory had total costs of $ 69,900 which included $ 21,500 direct materials, $ 38,775 direct labour and
$ 9,625 factory overhead.
Costs added to work in process in May were as follows: $$\begin{array} { | l | l | } \hline \text { Direct materials } & \$ 298,800 \\\hline \text { Direct labour } & \$ 540,800 \\\hline \text { Factory overhead } & \$ 135,400 \\\hline\end{array}$$ During May, 49,200 units were completed, including those in inventory on May 1. On May 30, the inventory of work in process consisted of 5,600 units which were 3/8 completed as to conversion costs. Inventories are costed by the first-in, first-out method and all materials are added at the beginning of the process.
-What was the material cost per equivalent unit for May

• A)$6.06.
• B)$6.45.
• C)$6.00.
• D)$6.25.

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Definitions:

Neurotransmitter

Chemical substances that transmit signals across a synapse from one neuron to another in the nervous system, influencing mental processes and behavior.

Norepinephrine

A neurotransmitter involved in arousal, alertness, and regulation of blood pressure.

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Actions or behaviors that deviate significantly from what is considered normal or typical, often indicating underlying mental or physical issues.

Body Sensations

The physical feelings or perceptions resulting from the condition or state of the body.