The Following Data Are Available for a Company's Manufacturing Activities

question 50

Multiple Choice

The following data are available for a company's manufacturing activities:
Beginning goods in process inventory ………..5,000 units,1/4 of the labor added this period
Units started and completed ………..15,000
Ending goods in process inventory ………..6,000 units,1/2 of the labor added this period
If materials are added when the production process begins and direct labor is applied uniformly throughout the process,what are the equivalent units for direct materials and for direct labor,respectively using the FIFO method of process costing?

• A)16,250; 19,250.
• B)16,250; 21,750.
• C)21,000; 19,250.
• D)19,250; 18,750.
• E)21,000; 22,250.

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Definitions:

Moral Sentiment

An emotional response that informs or is related to one's sense of right and wrong.

Shame

A feeling resulting from the violation of a social norm.

Ethical Subjectivist

The belief that moral judgments are statements of one's feelings or attitudes, and therefore, are neither true nor false.

Right

Morally good, justified, or acceptable; also refers to a legal entitlement or privilege.