In the Shaping Department of Rollins Company the Unit Materials

question 140

Multiple Choice

In the Shaping Department of Rollins Company the unit materials cost is $5.00 and the unit conversion cost is $3.00. The department transferred out 40000 units and had 5000 units in ending work in process 20% complete. If all materials are added at the beginning of the process the total cost to be assigned to the ending work in process is

• A) $8000.
• B) $25000.
• C) $28000.
• D) $40000.

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Definitions:

Expected-Rate-of-Return Curve

A graphical representation showing the relationship between the expected return on investment and different levels of investment in a project.

R&D

Stands for Research and Development; activities companies undertake to innovate and introduce new products or processes.

Patentable

Capable of being protected by a patent, which grants the holder exclusive rights to an invention or process for a certain period.

Imitation

The action of using someone or something as a model and attempting to replicate their behavior, strategy, or design.