Answer the Following Questions Using the Information Below

question 82

Multiple Choice

Answer the following questions using the information below:
Cartwright Custom Carpentry manufactures chairs in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection takes place as units are placed into production. After inspection, some units are spoiled due to nondetectible material defects. Spoiled units generally constitute 3% of the good units. Data provided for March 20X5 are as follows:
Costs:

-What costs are allocated to the ending work-in-process inventory for direct materials and conversion costs, respectively, using the FIFO method of process costing?

• A)$38,250; $24,850
• B)$40,000; $23,100
• C)$40,000; $21,590
• D)$49,500; $13,600

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Definitions:

Developmental Problem

Issues affecting growth, development, or psychological functioning of an individual, often recognized in childhood.

Family Relocation

The process of moving a family unit from one dwelling place to another, often for reasons related to employment, housing, or lifestyle changes.

Attention-Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by persistent issues with attention and/or hyperactivity-impulsivity that interfere with functioning or development.

Stress

A physical, mental, or emotional factor causing bodily or mental tension, which can arise from any event or thought that makes you feel frustrated, angry, or nervous.