Use the Following Information for the Next 2 Questions

question 49

Multiple Choice

Use the following information for the next 2 questions.
Gholson, Inc. employs a process costing system in which direct materials are added at the beginning of the process. Direct material costs from the prior period for beginning work in process are $1,250. The current period's direct material costs total $31,500. The company began the period with 500 units, 70% complete, started 10,500 units, and finished the period with 1,000 units, 40% complete.
-Using the weighted average method, the direct material cost per equivalent unit for the period is

• A) $3.00
• B) $2.98
• C) $3.20
• D) $2.55

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Definitions:

External Recruiting

The process of seeking new employees from outside the organization through advertisements, job fairs, or other public postings.

Ripple Effect

The continuing and spreading results of an event or action, affecting areas or people not directly involved in the initial event.

Stagnation

A period or state of inactivity or lack of growth and development.

Recruiting Approach

Strategies and methods used by organizations to identify, attract, and hire candidates for open positions.