Forever Company Manufactures Generic Notebooks

question 152

Multiple Choice

Forever Company manufactures generic notebooks.Material is introduced at the beginning of the process in the Printing Department.Conversion costs are applied uniformly throughout the process.The weighted-average method of product costing is used.Data for the Printing Department for the month of June follow: Work-in-process inventory,June 1:
With regard to the work-in-process inventory on June 30,materials are 100 percent complete and conversion costs are 60 percent complete.The total cost of the ending work-in-process inventory is ________.

• A)$104,400
• B)$111,996
• C)$122,175
• D)$127,260

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Definitions:

Benthic Zone

refers to the ecological region at the lowest level of a body of water such as an ocean, lake, or stream, including the sediment surface and some sub-surface layers.

Littoral Zone

The littoral zone is the area of a lake or ocean shore that is close to the shore, often characterized by shallow waters, where sunlight reaches the bottom allowing aquatic plants to grow.

Limnetic Zone

The open water area of a freshwater body, such as a lake, where sunlight penetrates deeply enough for photosynthesis to occur.

Decomposers

Organisms, such as bacteria and fungi, that break down dead organic material, recycling nutrients back into the ecosystem.