(Appendix 4A) the Information Below Was Obtained from the Records

question 16

Multiple Choice

(Appendix 4A) The information below was obtained from the records of one of the departments of Cushing Corporation for the month of August. The company uses the FIFO method in its process costing system.
All materials are added at the beginning of the process.
-The equivalent units for materials for the month of August are:

• A) 75,000 units
• B) 85,000 units
• C) 87,500 units
• D) 95,000 units

---

Definitions:

Variable Substitution

The process of replacing a variable in an equation or expression with a specific value.

Exponentiation

A mathematical operation involving two numbers, the base and the exponent, where the base is multiplied by itself as many times as indicated by the exponent.

System of Equations

A set of two or more equations with the same set of unknowns, which are solved simultaneously.

Variable Substitution

Replacing a variable in an equation or expression with its corresponding value.