Chicotti Company Has 6,000 Units in Beginning Work in Process

question 111

Multiple Choice

Chicotti Company has 6,000 units in beginning work in process, 30% complete as to conversion costs, 75,000 units transferred out to finished goods, and 2,000 units in ending work in process 20% complete as to conversion costs. The beginning and ending inventory is fully complete as to materials costs. How much are equivalent units for conversion costs if the FIFO method is used?

• A) 75,400
• B) 79,600
• C) 71,000
• D) 73,600

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Definitions:

Redness

A common sign of inflammation or infection, often resulting from dilation of blood vessels near the skin's surface.

Heat

A form of energy that is transferred between systems or objects with different temperatures, flowing from the higher-temperature system to the lower-temperature system.

Inflammatory Response

The body's defense reaction to infection, irritation, or injury, characterized by redness, heat, swelling, and pain.

Lysozyme

An enzyme found in saliva, tears, and other secretions, capable of breaking down bacterial cell walls and serving as an innate defense mechanism.