The Activity in Nolan Company's Blending Department for the Month

question 63

Multiple Choice

The activity in Nolan Company's Blending Department for the month of April is given below:
$\begin{array} {| l | r | r | } \hline & \text { Number of Units } & \begin{array} { r } \text { Labour and overhead } \\\text { percentage complete }\end{array} \\\hline \begin{array} { l r } \text { Work in process inventory, } \\\text { April 1 }\end{array} & 8,000 & 50 \% \\\hline \begin{array} { l } \text { Transferred in the during } \\\text { the month }\end{array} & 50,000 & \\\hline \begin{array} { l } \text { Work in process inventory, } \\\text { April 30 }\end{array} & 10,000 & 70 \% \\\hline\end{array}$
All materials are added at the beginning of processing in the Blending Department.


- Using the FIFO method,what are the equivalent units of production for material for the month?

• A) 50,000 units.
• B) 58,000 units.
• C) 54,000 units.
• D) 60,000 units.

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Definitions:

Citric Acid Cycle

Series of chemical reactions in aerobic cellular respiration in which acetyl coenzyme A is completely degraded to carbon dioxide and water with the release of metabolic energy that is used to produce ATP; also known as the Krebs cycle and the tricarboxylic acid (TCA) cycle.

Glycolysis

The first stage of cellular respiration as well as fermentation; literally the “splitting of sugar.” The metabolic conversion of glucose into pyruvate, accompanied by the production of ATP

Oxidative Decarboxylation

A metabolic process in which a carboxyl group is removed from a molecule as CO2, typically coupled with the reduction of NAD+ to NADH.

Pyruvates

The ionized form of pyruvic acid, a key intermediate in several metabolic pathways, including glycolysis.