Examlex

Solved

Department J Had No Work in Process at the Beginning

question 119

Multiple Choice

Department J had no work in process at the beginning of the period; 18,000 units were completed during the period; and 2,000 units were 30% completed at the end of the period.  The following manufacturing costs were debited to the departmental work in process account during the period (Assume the company uses FIFO and rounds cost per unit to two decimal places) : Department J had no work in process at the beginning of the period; 18,000 units were completed during the period; and 2,000 units were 30% completed at the end of the period.  The following manufacturing costs were debited to the departmental work in process account during the period (Assume the company uses FIFO and rounds cost per unit to two decimal places) :   Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the 18,000 units completed during the period? A)  $256,500 B)  $199,500 C)  $299,500 D)  $269,550 Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the 18,000 units completed during the period?


Definitions:

Time

A continuous, quantifiable period during which actions, processes, or conditions exist or take place.

Monochronic Cultural Values

A cultural perspective that emphasizes doing one task at a time, a strong commitment to schedules, and an emphasis on punctuality.

Proxemics

The analysis of human engagement with physical spaces and the effect that the closeness of individuals within these spaces has on their actions, communication, and societal interactions.

Space

In organizational context, it often refers to the physical area available for operations, work environment, or the conceptual strategic positioning of a company in the market.

Related Questions