A Process with No Beginning Work in Process, Completed and Transferred

question 42

Multiple Choice

A process with no beginning Work in Process, completed and transferred out 10,000 units during a period and had 5,000 units in the ending Work in Process that were 50% complete.How much is equivalent units of production for the period for conversion costs if the weighted-average method is used?

• A)12,500 equivalent units
• B)15,000 equivalent units
• C)17,500 equivalent units
• D)7,500 equivalent units

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Definitions:

Physiological Needs

Basic physical requirements for human survival, such as food, water, shelter, and clothing, that are essential to maintaining life.

Self-Actualization Needs

The highest level in Maslow's hierarchy of needs, representing the pursuit of realizing one's own potential and self-fulfillment.

Growth Needs

The desire for personal development, self-improvement, and the realization of one's potential.

McClelland's Theory of Needs

A psychological theory of motivation that asserts individuals are motivated by three primary needs: achievement, affiliation, and power.