The Ending WIP Inventory in the Assembly Department Contains 800

question 39

Multiple Choice

The ending WIP Inventory in the Assembly Department contains 800 units that are 100% complete with respect to direct materials and 80% complete with respect to direct labor and overhead.The cost per equivalent unit for inventory is $3.00,which consists of $2.00 for materials,$0.80 for labor,and $0.20 for overhead.What dollar value is assigned to the ending WIP Inventory?

• A)$1,600
• B)$512
• C)$128
• D)$2,240
• E)None of the answer choices is correct.

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Definitions:

Enzymatic Activity

The process by which enzymes catalyze chemical reactions, speeding up reactions and playing critical roles in various physiological functions.

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The specific arrangement and types of amino acids in proteins, affecting their structure and function.

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A common name for Daucus carota, a wildflower species known for its lacy, white umbels.

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A root vegetable, typically orange in color, cultivated for its edible taproot that is rich in vitamins, minerals, and fiber.