Department M Had 2,000 Units 40% Completed in Process at the Beginning

question 180

Multiple Choice

Department M had 2,000 units 40% completed in process at the beginning of June, 12,000 units completed during June, and 1,200 units 25% completed at the end of June. What was the number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories?

• A) 11,500 units
• B) 11,200 units
• C) 15,200 units
• D) 10,000 units

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Definitions:

States of Nature

Possible outcomes or situations in decision-making under uncertainty that affect the results of different decisions but are beyond the control of the decision-maker.

Manufacturing Alternatives

Different methods or approaches available for the production of goods, considering factors like cost, technology, and resource availability.

Decision Tables

A tabular method for representing and analyzing logical relationships among variables and their possible outcomes.