A Department Had the Following Information for the Month What Are the Equivalent Units of Production for Materials If

question 6

Multiple Choice

A department had the following information for the month: $\begin{array}{cc} \text {Total materials costs. } &\$ 90,000\\ \text { Conversion cost per unit } &\$ 3.00\\ \text { Total manufacturing cost per unit } &\$ 5.00\\\end{array}$


What are the equivalent units of production for materials if the weighted-average methor 5 used?

• A)30,000
• B)11,250
• C)45,000
• D)cannot be determined

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Definitions:

Breach of Contract

A breach of contract occurs when one party fails to fulfill its obligations under the contract, thereby violating the agreement.

Punitive Damages

Monetary compensation awarded to an aggrieved party that goes beyond what is necessary to compensate for losses, intended to punish the wrongdoer.

Compensatory Damages

Monetary damages awarded to a plaintiff to compensate for actual loss or injury.

American Institute of Certified Public Accountants

A national professional organization for Certified Public Accountants (CPAs) in the United States, focused on setting ethical standards and auditing procedures.