The Jones Corporation Uses a Process System

question 102

Multiple Choice

The Jones Corporation uses a process system.During the current period,2,500 units were started and 1,100 units were completed and transferred out.Ending units were 60% complete for materials and 50% complete for conversion costs.Direct materials costs added were $35,405 and conversion costs added were $32,870.There was no beginning WIP Inventory and conversion costs are added evenly throughout the process.At the end of the period,the cost per equivalent unit for direct materials would be closest to

• A)$19.00.
• B)$18.25.
• C)$32.19.
• D)$29.88.

---

Definitions:

Soccer Game

A competitive team sport played between two teams with the objective of scoring goals by kicking a ball into the opponent's net.

Popular Players

Individuals or entities well-known within a specific industry or arena for their expertise, skill, or accomplishments.

Generic Social Experience

A common or universal social interaction that lacks specific branding or unique characteristics, making it universally relatable.

Competitive Spirit

The drive or motivation to outperform competitors and excel in activities, often seen as a positive trait in business and sports.