Answer the Following Questions Using the Information Below:
Timekeeper Inc

question 49

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 amount of conversion costs is assigned to the ending Work-in-Process account for June?

• A) $82,800.50
• B) $49,639.50
• C) $66,186.50
• D) $38,256.50

Explain Hans Eysenck’s personality trait dimensions and the biological underpinnings.

Critically analyze the challenges in testing psychoanalytic theories.

Describe the "Big Five" model of personality, including the traits and associated behaviors at different levels.

Understand the methodologies and principles used in personality research, including measurement, psychodynamic perspectives, and the impacts of personality on behavior.

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Definitions:

Operating Cycle

The duration of time from the purchase of raw materials to the collection of receivables from the sale of the finished goods.

Estimated Liabilities

Obligations that are anticipated but not yet confirmed in terms of their exact value or timing.

Vacation Benefits

A form of employee compensation where workers receive paid time off from work, meant to offer rest and recreation.

Paid Absences

Compensation provided to employees for days not worked, such as holidays, vacations, or sick days.