Answer the Following Questions Using the Information Below:
Timekeeper Inc

question 28

Multiple Choice

Answer the following questions using the information below:
Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Timekeeper Inc. uses weighted-average costing.
$\begin{array}{ll}\text { Data for the Assembly Depatment for June } 2015 \text { are: }\\\text { Work in process, beginuning inventory }&300 \text { units }\\\text { Direct materials ( } 100 \% \text { complete) }\\\text { Conversion costs ( } 50 \% \text { complete) }\\\text { Units started during June } & 950 \text { units } \\\text { Work in process, ending inventory: } & 150 \text { units } \\\text { Direct materials ( } 100 \% \text { complete) } & \\\text { Conversion costs ( } 75 \% \text { complete) } &\\\\\text { Costs for June 2015: }\\\text { Work in process, beginuning inventory: }\\\text { Direct materials } & \$ 90,000 \\\text { Conversion costs } & \$ 135,000 \\\text { Direct materials costs added during June } & \$ 600,000 \\\text { Conversion costs ad ded during June } & \$ 400,000\end{array}$
-What are the equivalent units for direct materials and conversion costs,respectively,for June?

• A) 1,250 units; 1,210.64 units
• B) 1,250 units; 1,212.5 units
• C) 1,100 units; 1,100 units
• D) 1012 units; 1040 units

---

Definitions:

Unrelated Verbal Material

relates to words or phrases that have no direct connection or relevance to each other, often used in memory or cognitive processing studies.

Encoding Specificity

The principle that memories incorporate unique combinations of information when encoded, making recall more effective when context at the time of retrieval matches the context of encoding.

Habituation

A psychological learning process wherein there is a decrease in response to a stimulus after being repeatedly exposed to it.

Method of Loci

A mnemonic technique that involves associating items to be remembered with specific physical locations.