Zuniga Ltd Uses a Process Costing System

question 53

Multiple Choice

Zuniga Ltd uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally: Using the FIFO method, the cost of the beginning work in process units transferred out was

• A) $2,385
• B) $15,476
• C) $7,551
• D) $6,756

---

Definitions:

Designated Teams

Specific groups of individuals assigned to focus on a particular project or to perform a specific duty within an organization.

Strategic Business Units

A division or unit within a larger company that focuses on a specific market or product line and has its own strategies and objectives.

Global Innovation Center

A facility or organization focused on fostering creativity and developing new ideas or products, with a reach and impact that spans across the world.

Food Scientists

Professionals who study the chemical, physical, and microbiological properties of food to ensure safety, quality, and nutritional value.