Wright Company Wright Company Adds Material at the Start of Production.The Following

question 155

Multiple Choice

Wright Company
Wright Company adds material at the start of production.The following production information is available for September:

• A)111,800
• B)120,000
• C)125,500
• D)130,000

Beginning Work in Process Inventory
	(45% complete as to conversion)	10,000 units
Started this period		120,000 units
Ending Work in Process Inventory	80% complete as to conversion)	8,200 units
Beginning Work in Process Inventory Costs:
	Material	$24,500
	Conversion	68,905
Current Period Costs:
	Material	$ 75,600
	Conversion	130,053

Refer to Wright Company.What are the equivalent units for material using the FIFO method?

---

Definitions:

Alternate Form Reliability

A measure of reliability used to assess the consistency of test scores between different versions of the same test.

Test-retest Reliability

Test-retest reliability is a measure of consistency where the same test is administered to the same group of people at different times to assess the reliability over time.

Construct Validity

The extent to which a test or instrument accurately measures the theoretical, non-observable constructs it is designed to assess.

Predictive Validity

The degree to which a measurement or test score forecasts future results on a connected outcome.