Use the Information Below to Answer the Following Questions

question 128

Multiple Choice

Use the information below to answer the following questions:
Goody Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The company uses the weighted-average method for process costing. Data for the finishing department follows:

-At Goody Company what are the equivalent units for conversion costs?

• A) 52,500
• B) 57,000
• C) 49,200
• D) 51,000

---

Definitions:

Mill Rate

The amount of property tax per $1000 value.

Average Number

A value found by adding all numbers in a set together and then dividing by the count of those numbers.

Staff Members

Individuals employed by an organization or a specific department within an organization.

Employees Retired

Refers to workers who have left the workforce, typically upon reaching a certain age or after completing a certain number of years of service, often with a pension.