Examlex

Solved

A Department Adds Materials at the Beginning of the Process  Materials  Conversion Costs \begin{array} { l c c } & \text { Materials } & \text { Conversion Costs } \\\end{array}

question 9

Short Answer

A department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of July there was no beginning work in process; 40000 units were completed and transferred out; and there were 20000 units in the ending work in process that were 40% complete. During July $120000 materials costs and $105000 conversion costs were charged to the department. The unit production costs for materials and conversion costs for July was  Materials  Conversion Costs \begin{array} { l c c } & \text { Materials } & \text { Conversion Costs } \\\end{array}
A) $2.00$1.75\begin{array} { l c c } & \$ 2.00 &&&&& \$ 1.75 \\\end{array}
B) $2.00$2.19\begin{array} { l c c } & \$ 2.00 &&&&& \$ 2.19 \\\end{array}
C) $2.50$1.75\begin{array} { l c c } & \$ 2.50 &&&&& \$ 1.75 \\\end{array}
D) $3.00$2.66\begin{array} { l c c } & \$ 3.00 &&&&& \$ 2.66\end{array}


Definitions:

Same Sex Marriage

The legally or socially recognized marriage between two individuals of the same biological sex or gender identity.

Church Attendance

The act of going to church services which is sometimes tracked for sociological research or personal behavior analysis.

Dependent Variable

A variable whose value is dependent on the effects of one or more independent variables in an experiment or study.

Gambling Behavior

Pertains to the patterns of wagering on events with an uncertain outcome, including the motivations, psychological implications, and outcomes associated with such activities.

Related Questions