Answer the Following Questions Using the Information Below

question 93

Multiple Choice

Answer the following questions using the information below:
Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for distribution to its retail sales department. Direct materials are added at the initiation of the cycle. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some fillets are spoiled due to nondetectible defects. Inspection occurs when units are 50% converted. Spoiled fillets generally constitute 3.5% of the good fillets. Data for April 2012 are as follows:
Costs for April:

-What is the total cost per equivalent unit using the weighted-average method of process costing?

• A)$4.00
• B)$1.74
• C)$2.10
• D)$3.84

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Definitions:

Monozygotic Twins

Identical twins that develop from a single fertilized egg, sharing the same genetic material.

Fraternal Twins

Twins that are born from two separate eggs fertilized by two different sperm, resulting in siblings that are genetically distinct from one another.

Heterozygous

Having two different alleles.

Homozygous

Having two identical alleles.