Use the Information Below to Answer the Following Question(s)

question 97

Multiple Choice

Use the information below to answer the following question(s) .Cartwright Custom Carpentry manufactures chairs in its Processing Department, and uses the FIFO cost flow assumption.Direct Materials are included at the inception of the production cycle and must be bundled in single kits for each unit.Conversion costs are incurred evenly throughout the production cycle.Inspection takes place at the end of the process, and spoiled units generally constitute 3 percent of the good output.Information provided for March is as follows:

-What are the costs per equivalent unit for direct materials and conversion respectively?

• A)$2.00; $1.54
• B)$1.45; $1.54
• C)$2.11; $1.62
• D)$2.11; $1.18
• E)$2.00; $1.18

---

Definitions:

Assembly

The process of putting together various parts or elements to form a complete unit or system, often used in manufacturing and production contexts.

Ribosome

A cellular structure that functions as the site of protein synthesis in the cell, translating mRNA into amino acid chains.

Polypeptide Chain

A polypeptide chain is a series of amino acids linked together by peptide bonds, and these chains fold into specific shapes to form proteins.

Completed Polypeptide Chain

A sequence of amino acids linked by peptide bonds, forming a protein molecule after translation and folding processes are completed.