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

question 56

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 costs are allocated to the ending work-in-process inventory for direct materials and conversion costs, respectively?

• A)$28,250; $24,850
• B)$30,000; $23,100
• C)$30,000; $21,590
• D)$39,500; $13,600
• E)$40,000; $23,100

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Definitions:

Foreign Corrupt Practices Act

A United States federal law aimed at preventing the bribery of foreign government officials to assist in obtaining or retaining business.

Foreign Corrupt Practices Act

U.S. legislation aimed at preventing companies and their representatives from bribing foreign officials to gain a business advantage.

Bribery of Foreign Officials

The act of offering or giving anything of value to foreign government officials with the intent to influence their decisions in favor of the briber.

Slamming

An illegal telecommunications practice where a customer's telephone service is switched to another provider without their consent.