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:

Restrictive Covenant

A clause in a deed or lease that limits what the owner of the property can do with it, often to ensure the property's value or character is maintained.

Clause

A specific provision or section within a contract or legal document that stipulates specific terms, conditions, or obligations.

Public Policy

Principles and standards considered by governments in managing their affairs, aiming to ensure the community's welfare and interests.

Necessary

Something that is essential or required to achieve a certain outcome or fulfill a function.