A Process with 800 Units of Beginning Work in Process

question 128

Multiple Choice

A process with 800 units of beginning Work in Process.Completed and transferred out were 10,000 units during a period.There were 5,000 units in the ending Work in Process that were 50% complete as to conversion costs.Materials are added 80% at the beginning of the process and 20% when the units are 90% complete.How much is equivalent units of production for the period for material costs if the weighted-average method is used?

• A)12,000 equivalent units
• B)15,000 equivalent units
• C)11,000 equivalent units
• D)14,000 equivalent units

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Definitions:

Price Of Gasoline

The cost per unit volume of gasoline, which can fluctuate based on factors such as crude oil prices, taxes, production costs, and supply-demand dynamics.

Factors Of Production

The inputs into the production process. Land, labor, and capital are the three key factors of production.

Diminishing Marginal Returns

A principle stating that as more of a variable input is added to a fixed input, the additional output gained from each new unit of input eventually decreases.

Productivity

The measure of the efficiency of a person, machine, factory, or system in converting inputs into useful outputs.