At the Beginning of the Month, the Forming Department of Martin

question 142

Multiple Choice

At the beginning of the month, the Forming Department of Martin Manufacturing had 10,000 units in inventory, 30% complete as to materials, and 10% complete as to conversion. During the month the department started 60,000 units and transferred 62,000 units to the next manufacturing department. At the end of the month, the department had 8,000 units in inventory, 80% complete as to materials and 60% complete as to conversion.
- How many units did the Forming Department start and complete in the current month?

• A) 60,000
• B) 68,000
• C) 58,000
• D) 52,000
• E) 62,000

---

Definitions:

Protective Tariff

A levy placed on foreign goods to safeguard local industries by increasing the cost of imports, hence reducing their attractiveness compared to domestic products.

Imported Wine

Wine that is brought into a country from another country, typically for retail and consumption within the importing country.

Exchange Rates

The price of one currency in terms of another for conversion purposes.

National Governments

The organization that leads a country, making and enforcing laws, and managing public resources and services.