In a Particular Department,5,000 Units Were Started and All but 600

question 181

Multiple Choice

In a particular department,5,000 units were started and all but 600 were completed at the end of the period.These 600 were 70% complete for materials and 45% for conversion costs.Costs added were $52,300 for materials and $53,500 for conversion costs.What is the total number of equivalent units for conversion costs?

• A)5,270
• B)4,670
• C)4,800
• D)5,000

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Definitions:

Acceptance

The act of agreeing to the terms of an offer, contract, or proposal, thereby creating a binding agreement.

Capacity

The legal ability to enter into a binding contract.

Intent

The intended purpose or goal of an action, especially in a contract.

Affirmation

A positive statement or declaration, often used in the context of legal oaths.