Talamoto Co

question 34

Multiple Choice

Talamoto Co.manufactures a single product that goes through two processes - mixing and cooking.The following data pertains to the Mixing Department for September.
Material P is added at the beginning of work in the Mixing Department.Material Q is also added in the Mixing Department,but not until units of product are forty percent completed with regard to conversion.Conversion costs are incurred uniformly during the process.
Cost per equivalent unit for conversion under the weighted-average method is calculated to be:

• A)$5.10.
• B)$2.60.
• C)$2.50.
• D)$2.30.
• E)$5.40.

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Definitions:

Working-Class Life

The everyday conditions and culture of those employed in lower-tier jobs, often involving manual labor, and generally characterized by lower income and limited access to resources.

Health Insurance

A form of insurance that covers the whole or part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons.

Accident Insurance

A form of insurance that provides compensation and support to individuals in case of physical injury or death resulting from accidental events.

British Poor Law

Legislation enacted in the UK during the 19th century aimed at providing relief for the impoverished and regulating the conditions of workhouses where the poor were housed.