Conversion Cost Per Unit Equals $7

question 107

Multiple Choice

Conversion cost per unit equals $7.00.Total materials costs are $60,000.Equivalent units are 20,000.How much is the total manufacturing cost per unit?

• A)$10.00.
• B)$7.00.
• C)$4.00.
• D)$3.00.

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Definitions:

Hindsight Bias

The inclination to think, following an event, that one could have foreseen or anticipated the result, commonly called the "I-knew-it-all-along" effect.

Spontaneous Recovery

The reappearance of a conditioned response after a period of apparent extinction or reduction.

Repressed Memories

Remembrances that have been involuntarily repressed, connected to severe stress or distressing experiences.

Dissociation

A psychological condition wherein a person experiences a disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.