Hendrix, Inc

question 90

Multiple Choice

Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities:
On July 1: Beginning inventories = 750 units, 60% complete
Direct materials cost = $5,925
Conversion costs = $4,095
During July: 15,000 units started
Direct materials added = $150,000
Conversion costs added = $83,520
On July 31: Ending inventories = 1,500 units, 40% complete
Using the FIFO method, the cost of goods completed and transferred out during July was:

• A) $225,150
• B) $225,060
• C) $213,300
• D) $213,000

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Definitions:

Sound Waves

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.

Amplitude

The extent or range of a vibratory movement, measured from the position of equilibrium, commonly used to describe the magnitude of sound waves or other oscillations.

Frequency

The number of occurrences of a repeating event per unit of time, often used in the context of waves (such as sound or light) to indicate cycles per second (Hz).

Timbre

The quality of a musical note or sound that distinguishes different types of sound production, such as voices or musical instruments.