The Nichols Company Uses the Weighted-Average Method in Its Process

question 49

Multiple Choice

The Nichols Company uses the weighted-average method in its process costing system.The company recorded 29,500 equivalent units of production for conversion costs for November in a particular department.There were 6,000 units in the ending work-in-process inventory on November 30,75% complete with respect to conversion costs.The November 1 work-in-process inventory consisted of 8,000 units,50% complete with respect to conversion costs.A total of 25,000 units were completed and transferred out of the department during the month.What was the number of units started during November in the department?

• A) 24,500 units.
• B) 23,000 units.
• C) 27,000 units.
• D) 21,000 units.

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Definitions:

Lower Incidence

A reduced occurrence rate or frequency of a particular event, disease, or condition within a specified population or area.

Better Recovery

Improved recuperation and healing process after illness, injury, or medical treatment.

Stress-Related

Pertaining to or caused by stress, which is a physical, mental, or emotional factor that causes bodily or mental tension.

Immune System Deficiencies

Conditions where the immune system's ability to fight infectious disease and cancer is compromised or entirely absent.