Total Direct Materials = $90,000,and There Is No Beginning WIP

question 51

True/False

Total direct materials = $90,000,and there is no beginning WIP inventory.Units completed are 18,000 with no ending work in process inventory.The cost per unit is $5.00.

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Definitions:

Historical Dates

Specific points in time that are recognized for their significant events or occurrences, often marking important moments in history.

Daydreaming

A short-term detachment from one’s immediate surroundings, during which a person's contact with reality is blurred and partially substituted by a visionary fantasy, especially one of happy, pleasant thoughts, hopes, or ambitions.

Implicit Memory

A type of memory in which previous experiences aid in the performance of a task without conscious awareness of these previous experiences.

Procedural Memory

A type of long-term memory for how to perform different actions and skills, essentially the memory of how to do certain things.