Wilson Inc

question 64

Multiple Choice

Wilson Inc.uses process costing.Its Sanitizing Department had no beginning Work in Process inventory, though it added materials of $120,000 and conversion costs totaling $160,000 during May.Materials are added at the beginning of the process and conversion costs are added evenly throughout the process.During May, 75,000 units were completed.The May 31 Work in Process inventory balance consisted of 25,000 units that were 20% complete.What is the cost of the ending Work in Process inventory for May?

• A)$240,000
• B)$56,000
• C)$280,000
• D)$40,000

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Definitions:

Atherosclerosis

A disease characterized by the buildup of plaque inside arteries, leading to reduced or blocked blood flow.

Arteriosclerosis

A condition characterized by the thickening, hardening, and loss of elasticity of the walls of arteries, leading to restricted blood flow.

Angina Pectoris

A disorder involving a restricted blood supply to the myocardium, which results in chest pain and restricted breathing.

Diastolic Pressure

The lower number in a blood pressure reading, representing the pressure in the arteries when the heart is resting between beats.