Answer the Following Questions Using the Information Below:
Timekeeper Inc

question 118

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 is the total amount debited to the Work-in-Process account during the month of June?

• A) $225,000
• B) $1,000,000
• C) $1,135,000
• D) $1,225,000

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Definitions:

Operationally Defining

The process of defining a concept or variable in terms of the specific procedures or measures used to produce or manipulate it.

Curvilinear Relationship

A type of relationship between two variables where the change in one variable does not result in a linear change in another, often depicted as a curved graph.

Negative Relationship

A type of correlation where an increase in one variable is associated with a decrease in another variable.

No Relationship

Outcome of research in which two variables are not related; changes in the first variable are not associated with changes in the second variable.