Answer the Following Questions Using the Information Below

question 124

Multiple Choice

Answer the following questions using the information below:
The Townsend Tractor Company manufactures small garden tractors on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each tractor must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Townsend Tractor uses weighted-average costing.

-What is the direct materials cost per equivalent unit during April?

• A) $1,250.00
• B) $1,241.94
• C) $575.00
• D) $581.25
• E) $900.00

Comprehend the structure and components of the ANOVA table.

Understand the concepts of sum of squares, mean square, and F statistic in ANOVA.

Recognize the assumptions necessary for conducting ANOVA.

Interpret the results and significance level in ANOVA.

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