Kelly Ltd Uses a Weighted-Average Process Costing System That Calculates

question 1

Multiple Choice

Kelly Ltd uses a weighted-average process costing system that calculates normal rework as 2% of the units passing inspection. The inspection point is at the 75% point and units failing inspection are returned to the 40% point. During the current period, 50,000 units were started; 62,000 units inspected; and 52,000 units completed. Direct material is added at the 50% point and conversion costs occur uniformly. Beginning work in process was 10,000 units, 55% complete and ending work in process was 8,000 units, 85% complete. Costs per equivalent unit for material were $1.00 and $3.00 for conversion costs. The loss from abnormal rework was

• A) $3,200
• B) $1,640
• C) $1,120
• D) $4,018

Describe the concept of trainee readiness and its components.

Identify the critical characteristics that influence instructor effectiveness.

Acknowledge the growing popularity and effectiveness of games in training.

Differentiate between experiential learning and hands-on learning.

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Definitions:

Pioneering Learning

An innovative approach to learning that involves exploring new frontiers and developing understanding through discovery and experimentation.

Bandura

Albert Bandura, a psychologist known for his work on social learning theory, which emphasizes the importance of observational learning, imitation, and modeling.

Immediate Reinforcement

The prompt delivery of a reward or consequence following a behavior, which increases the likelihood of that behavior being repeated.

Modeling

Modeling refers to the process of representing, simulating, or teaching behavior, skills, or processes by example.