Answer the Following Questions Using the Information Below

question 35

Multiple Choice

Answer the following questions using the information below:
Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for distribution to its retail sales department.Direct materials are added at the initiation of the cycle.Conversion costs are incurred evenly throughout the production cycle.Before inspection, some fillets are spoiled due to nondetectible defects.Inspection occurs when units are 50% converted.Spoiled fillets generally constitute 3.5% of the good fillets.Data for April 2018 are as follows:
Costs for April:

-What cost is allocated to abnormal spoilage using the weighted-average process-costing method?

• A)$ 0
• B)$26,880
• C)$53,760
• D)$29,000
• E)$14,700

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Definitions:

Disadvantaged Racial Minorities

Racial or ethnic groups that have historically faced social, economic, and political disadvantages and discrimination.

Petrochemical Plants

Industrial facilities engaged in the production of chemicals and derivatives primarily from petroleum and natural gas.

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A colloquial name for an area along the Mississippi River between Baton Rouge and New Orleans, known for a high concentration of industrial plants and associated with elevated cancer rates among its population.

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Fields of study and application that involve the systematic study of the natural world through observation and experiment, and the application of scientific knowledge for practical purposes.