Answer the Following Questions Using the Information Below

question 78

Multiple Choice

Answer the following questions using the information below:
Hudson Dock Company manufactures boat docks on an assembly line. Its standard costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Finishing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production.
Data for the Assembly Department for May 20X5 are:
Costs for May:

-What is the balance in ending work-in-process inventory?

• A)$82,000
• B)$120,000
• C)$155,000
• D)$170,000

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Definitions:

Reaction

A chemical operation involving the conversion of reactants into a set of different substances recognized as products.

Syndiotactic Polystyrene

A type of polystyrene where the phenyl groups are positioned at alternating sides of the polymer chain, providing unique properties like higher crystallinity.

Polymer Backbone

The continuous chain of carbon atoms in a polymer, to which other atoms or chains are attached.

Isotactic

pertaining to polymers where all substituent groups are oriented on the same side of the polymer chain, giving specific physical properties.