Peck Corporation Produces a Product That Passes Through Two Processes $\quad$

question 126

Multiple Choice

Peck Corporation produces a product that passes through two processes. During October, the first department transferred 20,000 units to the second department. The cost of the units transferred was $30,000. Materials are added uniformly in the second process. The following information is provided about the second department’s operations during October:
Units, beginning work in process $\quad$$\quad$ 4,000
Units, ending work in process $\quad$$\quad$$\quad$ 5,500
-Refer to the figure.What is the number of units started and completed in the second department during October?

• A)9,500 units
• B)14,500 units
• C)18,500 units
• D)27,500 units

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Definitions:

Dishonored

Refers to a financial instrument, such as a check, that has been presented for payment and refused by the bank or debtor.

Rakestraw v. Rodriguez

A legal case, specifics not provided but typically refers to a landmark or notable case in the context mentioned.

Forged Signature

The act of illegally replicating another person’s signature for deceptive purposes.

Presentment Warranties

Assurances given by the presenter of a negotiable instrument regarding its validity and their authority to enforce it.