The Following Information Pertains to Jones Company Materials Are Added at the Start of the Progress

question 29

Multiple Choice

The following information pertains to Jones Company:
$\begin{array}{ll}&\text { Units }\\\text { Work-in-progress inventory, March } 1 \text { (30\% complete) } & 20,000 \\\text { Units transferred in } & 50,000 \\\text { Work-in-progress inventory, March } 31(60 \% \text { complete }) & 16,000\end{array}$
Materials are added at the start of the progress.
How many equivalent units for conversion costs would there be using the FIFO method?

• A)49,600 units
• B)70,000 units
• C)50,000 units
• D)57,600 units

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Definitions:

Unsolicited Internal Proposals

Proposals generated and submitted without a direct request, typically within an organization, aimed at suggesting improvements or changes.

Internal Proposals

Documents submitted within an organization to suggest changes, improvements, or initiatives that require approval or support.

Qualifications And Experience

The credentials, skills, knowledge, and work history that determine an individual's suitability for a job or task.

Proposal

A detailed plan or suggestion, often written, put forward for consideration or discussion by others.