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

question 91

Multiple Choice

Use the information below to answer the following question(s) .Hollywood North Magic, a cosmetic manufacturer, began operations in January.During the first month of operations, $60,000 was incurred for direct materials and $80,000 was incurred for conversion costs.During January, 30,000 litres of cosmetics were started and 6,000 litres were unfinished at the end of the month.Ending work-in-process was 45% completed.All inputs are added evenly throughout the production process.
-Calculate the equivalent units for conversion costs in January using the FIFO method.

• A)24,000 litres
• B)26,700 litres
• C)30,000 litres
• D)36,000 litres
• E)39,000 litres

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Definitions:

Egalitarian Attitudes

A viewpoint that favors equality for all people, particularly in rights, status, and opportunities.

Housework

Domestic tasks performed within the household, such as cleaning, cooking, and laundry.

Religiosity

The intensity of an individual's religious beliefs or the extent of their religious practices.

Selection Effect

A statistical bias that occurs when the sample chosen for analysis is not representative of the population intended to be analyzed.