Fish Fillet Incorporated Obtains Fish and Then Processes Them into Frozen

question 32

Multiple Choice

Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for distribution to its retail sales department. Direct materials are added at the initiation of the cycle. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some fillets are spoiled due to undetectable defects. Spoiled fillets generally constitute 4% of the good fillets. Data for April 2017 are as follows:

What is the amount of direct materials and conversion costs assigned to ending work in process using the weighted-average process-costing method? (Round any cost per unit calculations to the nearest cent.)

• A) $2025; $42,749
• B) $50,700; $15,470
• C) $96,730; $101,227
• D) $101,227; $25,229

---

Definitions:

Metaphysical Libertarianism

A philosophical position in the debate on free will which suggests that free will is compatible with metaphysics and that individuals have the power to choose between different possible courses of action unimpeded.

Political Libertarianism

A branch of libertarianism focused on reducing government intervention in personal and economic matters to enhance freedom and autonomy.

Negative Freedom

The concept of freedom defined by the absence of constraints or interference from others, emphasizing what individuals are free from.

Sufficient

Adequate to meet the needs of a situation or a proposed end without needing more.