Adam Company Uses the Weighted-Average Method in Its Process Costing

question 8

Multiple Choice

Adam Company uses the weighted-average method in its process costing system. The following information for the Assembly Department was obtained from the accounting records for September (all materials are added at the beginning of the process) :
$\begin{array}{l}\begin{array} {| l | r | r | } \hline & \text { Number of Units } & \begin{array} { r } \text { Labour and overhead } \\\text { percentage complete }\end{array} \\\hline \begin{array} { l } \text { Work in process inventory, } \\\text { Sept. 1 }\end{array} & 60,000 & 15 \% \\\hline \begin{array} { l } \text { Transferred in the during } \\\text { the month }\end{array} & 105,000 & \\\hline \begin{array} { l } \text { Work in process inventory, } \\\text { Sept. 30 }\end{array} & 40,000 & 20 \% \\\hline\end{array}\\\\\\\\\begin{array} { |l | r | r | r | } \hline & \text { Transferred In } & \text { Materials } & \begin{array} { r } \text { Labour and } \\\text { overhead }\end{array} \\\hline \begin{array} { l } \text { Beginning work-in- } \\\text { process inventory }\end{array} && \$ 30,000 & \$ 16,000 \\\hline \begin{array} { l } \text { Cost added during } \\\text { the month }\end{array} & &\$ 63,000 & \$ 320,000 \\\hline\end{array}\end{array}$

-The "Total cost to be accounted for" section of the production report for the month will show an amount equal to which of the following?

• A) $604,500.
• B) $498,500.
• C) $429,000.
• D) $106,000.

Identify strategies and characteristics associated with positive aging.

Understand strategies to improve communication and comfort for clients with limited English proficiency.

Identify appropriate topics for a patient’s social and medical history.

Recognize the purposes and frequency of key health screenings and assessments.

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Definitions:

Stereochemistry

The study of the spatial arrangements of atoms in molecules and their effects on the physical and chemical properties of those molecules.

(R)-2,3-dimethylhexan-3-ol

An organic compound characterized by its chiral center at the second carbon atom, resulting in the R-configuration.

Synthesis

The process of combining smaller molecules or elements to form larger, more complex products.

Reaction Mechanism

A detailed step-by-step description of the process by which reactants are converted into products in a chemical reaction.