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:

Specialize

The focus on a narrow area of activity or field of study, which often leads to increased efficiency and effectiveness in producing goods or offering services.

Tasks

Specific pieces of work to be done, often as part of a broader project or job.

Equilibrium

The point at which market demand and supply equalize, stabilizing price levels.

Equitable Distribution

The fair allocation of resources among all members of a community or society.