Matrix Inc

question 15

Multiple Choice

Matrix Inc. calculates cost for an equivalent unit of production using the weighted-average method.The cost of goods completed and transferred out under the weighted-average method is calculated to be:

• A)$96,000.
• B)$476,400.
• C)$571,200.
• D)$484,000.
• E)$468,200.

---

Definitions:

Irritates

Causes annoyance or discomfort to someone.

External Audience

Individuals or groups outside of an organization who are potential or actual recipients of communication from that organization.

Corporate Accountant

A professional responsible for managing and reporting a company’s financial information, including tax obligations, budgeting, and financial analysis.

Vice-President

A high-ranking executive in a company or organization, typically below the president, responsible for specific duties and departments.