Candace's Candies,Inc Use the FIFO Method to Compute the September Conversion Costs

question 129

Multiple Choice

Candace's Candies,Inc.produces gummy bears.The company purchases raw materials,stores them in a warehouse,and then runs them through two processes: production and packaging.During September,the production process incurred the following costs in processing 20,000 gummy bears: $$\begin{array} { | l | r | } \hline \text { Wages of workers operating production equipment } & \$ 50,500 \\\hline \text { Manufacturing overhead allocated to the production department } & 8000 \\\hline \text { Direct materials } & 210,000 \\\hline\end{array}$$ Use the FIFO method to compute the September conversion costs in the Production Department.

• A) $58,500
• B) $268,500
• C) $50,500
• D) $8000

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Definitions:

Social Disorganization

A condition where a society's structure is weakened, leading to the breakdown of social norms and values, and resulting in social instability.

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Actions or behaviors that violate societal norms and expectations, often eliciting negative response.

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A theory in criminology that argues that deviant behavior is learned through interactions with others.

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