Examlex

Solved

Use the Following Information for the Next 4 Questions

question 89

Multiple Choice

Use the following information for the next 4 questions.
Tong, Inc. is a manufacturing company that uses a process costing system. All direct material is added at the start of the process, and spoilage is discovered at the end. During the first period of operations 15,000 units of material were placed into production at a cost of $20 each (ignore conversion costs for this process) . Ending work in process was 2,000 units, good units completed totaled 11,000 units, and normal spoilage is 15% of the units surviving inspection. Inspection takes place after the units are completed.
-The unit cost assigned to the good units completed is


Definitions:

Elk v. Wilkins

A landmark U.S. Supreme Court case in 1884 that held that Native Americans who voluntarily quit their tribes did not automatically gain U.S. citizenship.

Fourteenth and Fifteenth Amendments

Amendments to the United States Constitution, adopted during the Reconstruction era, designed to secure rights for former slaves. The Fourteenth Amendment grants citizenship and equal protection under the laws, while the Fifteenth Amendment prohibits denying the right to vote based on race.

John Wesley Powell

An American explorer, geologist, and ethnologist, known for his pioneering expeditions down the Green and Colorado Rivers and his advocacy for conservation and responsible development of the American West.

Related Questions