For the Month of June, Starlight Chocolates Had Cost Per

question 85

Multiple Choice

For the month of June, Starlight Chocolates had cost per equivalent unit of $2.50 for materials in its Mixing Department and $0.40 for conversion costs.The company began June with 12,000 pounds of chocolate in production.By the end of June, the company had completed 180,000 pounds, and 9,000 pounds were in process.The in-process units were 100 percent complete with respect to material and 40 percent complete with respect to labor and overhead.How much is the cost of the pounds completed and transferred out of the Mixing Department during June?

• A)$522,000
• B)$548,100
• C)$219,240
• D)$545,940

Computing and understanding relative frequencies.

Comprehending the process and purpose of constructing frequency distributions.

Identifying appropriate graphical representations for different types of data.

Recognize the differences and relationships between population and sample.

---

Definitions:

Gathering Information

The act of collecting data or facts from various sources to increase knowledge or make informed decisions.

Communication Effort

The amount of work and intention put into effectively exchanging information between parties.

Specific Situation

A detailed or particular set of circumstances or conditions that is distinct from others.

Specific Message

A communication or piece of information that is tailored or directed towards a particular group, individual, or purpose.