A Company Uses the Weighted Average Method for Inventory Costing

question 190

Multiple Choice

A company uses the weighted average method for inventory costing.During a period,Department B finished and transferred 50,000 units to Department C.Also in Department B during the period,10,000 units were started but brought only to a stage of being 60% completed.The number of equivalent units produced by Department B during the period was:

• A)44,000 units.
• B)50,000 units.
• C)54,000 units.
• D)56,000 units.
• E)60,000 units.

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Definitions:

Articles Of Organization

The document that is filed with the appropriate state official, usually the secretary of state, when a limited liability company is formed.

Limited Liability Company

A business model that merges a corporation's limited liability with the partnership or sole proprietorship's pass-through taxation.

Attorney's Office

A legal office where attorneys practice law and provide legal services to clients.

Citizen

A legally recognized subject or national of a state or commonwealth, either native or naturalized.