The Dolly Company Began the Period with No Units in Process

question 83

Multiple Choice

The Dolly Company began the period with no units in process and in Finished Goods inventory.During the period they began 96,000 units and completed 80,000 units.If equivalent units for the period totalled 90,000, then the units in process were what percent complete? (rounded)

• A)62.5%
• B)83.3%
• C)88.9%
• D)75%

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Definitions:

Self-Fulfilling Prophecy

A psychological phenomenon whereby an individual's or group's belief or expectation brings about its own realization, influencing their behavior to make the prediction come true.

Organizational Effectiveness

Organizational effectiveness is the extent to which an organization achieves its goals and meets the needs of its stakeholders through efficient use of resources.

Self-Serving Bias

The common tendency to attribute one's successes to personal characteristics and failures to external factors.

Fundamental Attribution Error

is the tendency to overemphasize personal characteristics and ignore situational factors when judging others' behavior.