(Appendix 4A) the Following Information Relates to the Cutting Department

question 38

Multiple Choice

(Appendix 4A) The following information relates to the Cutting Department of Kittina Corporation for the month of February. Kittina uses a FIFO process costing system. All materials at Kittina are added at the beginning of the production process.
On February 1, the work in process inventory account contained $55,620 of material cost and $123,120 of conversion cost. Cost per equivalent unit for February was $3.10 for materials and $7.50 for conversion costs.
-What total amount of cost should be assigned to the units completed and transferred out during February?

• A) $1,743,300
• B) $1,812,600
• C) $1,814,040
• D) $1,922,040

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Definitions:

One-To-One Correspondence

A relationship in which each element of one set is paired with exactly one element of another set, and vice versa.

Primitive Value

A simple value of a primitive type in programming, such as an integer or a boolean, not associated with any object.

Return Statement

A part of a function or method that specifies the data to be sent back to the caller.

Void Methods

Methods in programming that do not return a value to the caller.