Answer the Following Questions Using the Information Below

question 55

Multiple Choice

Answer the following questions using the information below:
Dustin Plastics, Inc., manufactures plastic moldings for car seats.Its costing system uses two cost categories, direct materials and conversion costs.Each product must pass through Department A and Department B.Direct materials are added at the beginning of production.Conversion costs are allocated evenly throughout production.Data for Department A for February 2018 are:
Costs for the Department A for February 2018 are:

-What is the total amount transferred to Department B in February?

• A)$4,112,500
• B)$4,450,000
• C)$5,200,000
• D)$6,346,900
• E)$4,514,300

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Definitions:

Survivor Benefits

Financial benefits that are paid to the dependents or beneficiaries of a deceased individual, often as part of a pension or insurance plan.

Employer Contributions

Monetary amounts contributed by employers towards employee benefits like pension plans, health insurance, and other welfare schemes.

Employment Insurance

A government program designed to provide financial assistance to individuals who are unemployed through no fault of their own.

Workers' Compensation Insurance

Insurance that provides medical benefits and wage replacement to employees injured in the course of employment.