Sparky Corporation Uses the FIFO Method of Process Costing

question 170

Multiple Choice

Sparky Corporation uses the FIFO method of process costing.The following information is available for February in its Molding Department: Units:
Beginning Inventory: 25,000 units,100% complete as to materials and 55% complete as to conversion.
Units started and completed: 110,000.
Units completed and transferred out: 135,000.
Ending Inventory: 30,000 units,100% complete as to materials and 30% complete as to conversion.
Costs:
Costs in beginning Work in Process - Direct Materials: $43,000.
Costs in beginning Work in Process - Conversion: $48,850.
Costs incurred in February - Direct Materials: $287,000.
Costs incurred in February - Conversion: $599,150.
-Calculate the equivalent units of materials.

• A)165,000
• B)144,000
• C)140,000
• D)130,250
• E)110,000

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Definitions:

Attachment Patterns

The emotional bonds formed between a child and caregiver, influencing how individuals form relationships throughout their lives.

Childcare

Supervision and care for children, provided by someone other than the child's legal guardians, which can range from day care services to in-home care.

Disorganized/Disoriented Attachment

A classification in attachment theory where a child displays inconsistent and erratic behaviors toward a caregiver, often resulting from trauma or neglect, leading to confusion and uncertainty in relationships.

Autism Spectrum Disorders

A range of neurodevelopmental disorders characterized by difficulties with social interaction, communication, and repetitive behaviors.