Excalibur Ltd

question 72

Multiple Choice

Excalibur Ltd.began operations on October 1 of the current year.Its production requires that direct materials are added at the beginning of the process and conversion costs are incurred uniformly.Direct materials costs for October were $380,000 and conversion costs were $1,750,000.There were 80,000 units started during the month.The ending inventory was 25,000 units which were 60% complete.The cost per equivalent unit for direct materials was

• A)$4.75.
• B)$15.20.
• C)$5.85.
• D)$5.43.
• E)$7.92.

---

Definitions:

Memorize Answers

The practice of learning and recalling responses verbatim, often used in preparation for tests or interviews.

Qualifications

The skills, knowledge, and experience required for someone to perform a particular job or task effectively.

Job Profile

A detailed description of the responsibilities, tasks, and requirements of a specific job position within an organization.

Interview Methods

Various techniques used during interviews to gather information, assess candidates, or conduct research, ranging from structured to unstructured approaches.