At Polson Company,materials Are Added at the Beginning of the Process

question 85

Multiple Choice

At Polson Company,materials are added at the beginning of the process and conversion costs are added uniformly. $\begin{array}{|l|r|}\hline \text { Work in process, beginning: } & \\\hline \text { Number of units } & 8,000 \\\hline \text { Transferred-in costs } & \$ 88,000 \\\hline \text { Direct materials (100\%) } & \$ 18,500 \\\hline \text { Conversion costs }(70 \%) & \$ 24,700 \\\hline \text { Units transferred-in: } & \\\hline \text { Number of units } & 45,000 \\\hline \text { Transferred-in costs } & \$ 630,000 \\\hline \text { Units completed } & 42,000 \\\hline \text { Costs during the period: } &\\\hline \text { Direct materials } & \$ 157,500 \\\hline \text { Conversion costs } & \$ 230,725 \\\hline \text { Work in process, ending: } & \\\hline \text { Number of units } &11,000 \\ \hline \begin{array}{l}\text { (100\% complete for materials and } 45 \% \\\text { complete for conversion) }\end{array} & \\\hline\end{array}$

-The total cost of units transferred to finished goods is closest to:

• A)$1,003,873.
• B)$ 936,948.
• C)$ 367,967.
• D)$1,149,425.

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Definitions:

Independent Variable

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A situational predicament in which individuals feel at risk of confirming negative stereotypes about their social group.