Assume a Company's Beginning Work in Process Consists of 20,000

question 106

Multiple Choice

Assume a company's beginning work in process consists of 20,000 units, 40% complete. Materials are added at the beginning of the process. During the month, 90,000 units are transferred in. The ending work in process consists of 10,000 units, 50% complete.
Using the weighted average method, the equivalent units of production for the month are:
Transferred In Materials Conversion Costs

• A) 110,000 100,000 65,000
• B) 90,000 100,000 97,000
• C) 110,000 110,000 105,000
• D) 105,000 60,000 100,000

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Definitions:

Divisional Departmentalization

Organizing a business into divisions, each of which is responsible for its own set of related products, services, or market sectors.

Functional Departmentalization

The process of organizing a business or organizational structure based on the primary functions performed within the organization.

Task-technology Intervention

The application or implementation of technological solutions designed to improve the execution and efficiency of specific tasks.

Employees

Individuals officially hired to perform specific duties and work for businesses or organizations in exchange for compensation.