A Company Uses a Process Costing System

question 166

Multiple Choice

A company uses a process costing system.Its Welding Department completed and transferred out 100,000 units during the current period.The ending inventory in the Welding Department consists of 30,000 units (75% complete with respect to direct materials and 40% complete with respect to conversion costs) . Determine the equivalent units of production for the Welding Department for direct materials and conversion costs assuming the weighted average method.

• A)130,000 materials; 130,000 conversion.
• B)130,000 materials; 112,000 conversion.
• C)107,500 materials; 118,000 conversion.
• D)122,500 materials; 112,000 conversion.
• E)112,500 materials; 130,000 conversion.

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Definitions:

Disposition

An individual's inherent qualities of mind and character, affecting how they perceive and interact with the world around them.

Self-serving Rationalizations

Justifications an individual creates to defend actions or decisions that serve their own interests, often at the expense of truth.

True Intentions

The genuine or actual motivations and goals behind an individual's or group's actions, often as contrasted with stated or apparent objectives.

Alternatives

Refers to the various options or choices available to individuals or organizations when faced with making a decision.