Long Company Has Recently Tried to Improve Its Analysis for Its

question 122

Multiple Choice

Long Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled 6000 and ending work in process equaled 400 units. Long had no beginning work in process inventory. Conversion costs are applied equally throughout production and materials are applied at the beginning of the process. How much is the materials cost per unit if ending work in process was 25% complete and total materials costs equaled $18000?

• A) $3.00.
• B) $3.16.
• C) $11.25.
• D) $2.81.

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Definitions:

Strata

Layers or levels within a society or system, often referring to social classes or geological layers.

Earn

To receive a payment or reward in exchange for work done or services provided.

Given Period

A specific span of time during which something is done or occurs.

Income

Income refers to the money received, often measured on a regular basis, for work or through investments.