During August, the Filtering Department of Olive Company Had Beginning

question 41

Multiple Choice

During August, the Filtering Department of Olive Company had beginning transferred in balance of 200 units with costs of $50,000. During the month, it started and completed 250 units. It had 50 units in ending Work-in-Process Inventory. What is the number of equivalent units of production for transferred in units in the Filtering Department in August under the first-in, first-out (FIFO) method?

• A)200 units
• B)500 units
• C)300 units
• D)100 units

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Definitions:

Norms

Rules or standards of behavior that are accepted by a group or society as typical or proper.

Sanctions

Measures taken by countries or international bodies to punish or restrict states or individuals to induce a change in behavior, often for political reasons.

Folkways

Norms or customary behaviors that are socially approved but not morally significant, guiding everyday practices.

Linguistic Determinism

The hypothesis that the structure of a language can strongly influence the thoughts and actions of individuals.