The Assembly Department of Binary,Inc

question 91

Multiple Choice

The Assembly Department of Binary,Inc.,a manufacturer of computers,had a beginning inventory of 5,000 units.During November,it assembled 2000 units and transferred them to the Packaging Department.It incurred $250,000 in direct materials and $75,000 in conversion costs.The ending inventory in November was 6000 units,which were 100% and 60% complete with respect to materials and conversion costs,respectively.Calculate the total equivalent units of production for conversion costs for November.The weighted-average method is used.

• A) 2000 units
• B) 8000 units
• C) 5600 units
• D) 3600 units

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Definitions:

First Quartile

The measure below which a quarter of the data points in a set lie, commonly referred to as the 25th percentile.

Ages of Retirees

Refers to the distribution or specific ages at which individuals retire from active employment.

Coefficient of Correlation

A measure that quantifies the degree to which two variables' movements are associated, ranging from -1 to 1, where values close to 1 or -1 indicate strong association.

Dependent Variable

In statistical modeling, the variable that is being studied and predicted, and whose variation is assumed to depend on other variables.