The Following Data Relate to the Blending Department of Tru-Colour

question 31

Multiple Choice

The following data relate to the Blending Department of Tru-Colour Paint Company for a recent month: $\begin{array} { | l | r | r | } \hline & \text { Number of Units } & \begin{array} { r } \text { Conversion costs } \\\text { percentage complete }\end{array} \\\hline \begin{array} { l } \text { Beginning work in process } \\\text { inventory }\end{array} & 9,000 & 60 \% \\\hline \begin{array} { l } \text { Units started into } \\\text { production }\end{array} & 45,000 & \\\hline \begin{array} { l } \text { Units completed and } \\\text { transferred out }\end{array} & 46,000 & \\\hline \begin{array} { l } \text { Ending work in process } \\\text { inventory }\end{array} & 8,000 & 25 \% \\\hline\end{array}$ All materials are added prior to the beginning of work in the Blending Department.




-Assuming that Tru-Colour Paint Company uses the weighted-average method,what are the equivalent units of production for conversion costs?

• A) 44,400 units.
• B) 42,600 units.
• C) 46,000 units.
• D) 48,000 units.

Understand the technique for setting budgeted sales and expense levels.

Understand the principles of cash collections and accounts receivable in a budgeting context.

Grasp the concept and construction of various budgets, including sales, manufacturing overhead, cash, direct materials, and production budgets.

Analyze budgeted sales data to determine expected cash collections, budgeted accounts receivable balance, and budgeted sales figures.

---

Definitions:

Slow Heart Rate

A condition, also known as bradycardia, where the heart beats fewer than 60 times per minute, potentially leading to inadequate blood flow.

Systolic Blood Pressure

The pressure in the arteries when the heart beats, representing the maximum arterial pressure during contraction of the left ventricle of the heart.

Stethoscope

A medical instrument used to listen to sounds within the body, particularly the heart and lungs, commonly used in physical examinations.

Electronic Digital

Pertains to devices or systems that use digital technology and electronics to function, often found in computing, communications, and diagnostics.