Department a Had 1,000 Units in Work in Process That

question 75

Multiple Choice

Department A had 1,000 units in Work in Process that were 60% completed at the beginning of the period at a cost of $7,000. During the period, 4,000 units of direct materials were added at a cost of $8,200 and 4,500 units were completed. At the end of the period, 500 units were 40% completed. All materials are added at the beginning of the process. Direct labor was $28,700, and factory overhead was $4,510. The cost of the 500 units in process at the end of the period if the first-in, first-out method is used to cost inventories was

• A) $3,240
• B) $5,175
• C) $2,569
• D) $2,645

---

Definitions:

Successive Cohorts

Groups of subjects sequentially assessed over time, often used in longitudinal studies to observe changes within a population.

Quasi-Experimental Design

A research design that resembles an experimental design but lacks random assignment of subjects to treatment and control groups.

Error Variance

Pertains to the variation within experimental data that cannot be attributed to the variables being studied, essentially representing noise in the data.

Quasi-Experimental Designs

Research designs that seek to establish causal relationships between variables but lack the full control or random assignment typical of true experiments.