Draper Incorporated

question 65

Multiple Choice

Draper Incorporated., had 8,000 units of work in process on November 1 that were 60% complete. During November, 15,000 units were completed and as of November 30, 9,000 units that were 40% complete remained in production. How many units were started during November?

• A)8,400.
• B)13,800.
• C)16,000.
• D)16,200.
• E)32,000.

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Definitions:

Monopolistic Firms

Companies that have the majority of market share within their industry, allowing them to affect pricing and market conditions.

Absent

Not present or missing in a particular place or situation.

Industry Structure

The organization or arrangement of the market within an industry, often characterized by the number of firms, product differentiation, and barriers to entry.

Diagram (A)

A graphical representation used to illustrate or clarify information, processes, or systems.