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At Davide Corporation,direct Materials Are Added at the Beginning of the Process

question 113

Multiple Choice

At Davide Corporation,direct materials are added at the beginning of the process and conversions costs are uniformly applied.Other details include: $\begin{array}{|l|r|}\hline \text { WIP beginning ( } 60 \% \text { for conversion) } & 17,500 \text { units } \\\hline \text { Units started } & 114,500 \text { units } \\\hline \text { Units completed and transferred out } & 111,700 \text { units } \\\hline \text { WIP ending ( } 30 \% \text { for conversion) } & 20,300 \text { units } \\\hline \text { Beginning WIP direct materials } & \$ 22,300 \\\hline \text { Beginning WIP conversion costs } & \$ 19,700 \\\hline \text { Costs of materials added } & \$ 370,000 \\\hline \text { Costs of conversion added } & \$ 280,000 \\\hline\end{array}$

- What is the total cost of units completed and transferred out?

Recognize the concept and implications of financialization in corporate strategies.

Appreciate the role and representation of employees in corporations, particularly through ESOPs and board representation.

Identify the models of unionism and their characteristics, including empowerment unionism and exclusive representation.

Grasp the ethical considerations in business from utilitarian, libertarianism, and stakeholder perspectives.

Definitions:

Prefrontal Cortex

A region of the brain involved in decision making, cognition, and moderating social behavior.

Phineas Gage

A railroad worker from the 19th century whose behavioral changes after surviving a severe brain injury contributed to the understanding of the role of the frontal lobes in personality.

Limited Emotions

A condition or state where an individual experiences a reduced range of emotions, often due to psychological or neurological factors.

Emotional Intelligence

The skill to comprehend, regulate, and communicate one's emotional state, alongside the capability to manage social interactions with discretion and empathy.