Use the Following Data from a Company Using a Process

question 32

Multiple Choice

Use the following data from a company using a process costing system to answer the question(s) below. Beginning Work in Process Inventory on June 1 :
1,000 units - 100 percent complete as to direct materials 80 percent complete as to conversion costs

Units Started During June:
6,500 units

Ending Work in Pracess Inventory on June 30: 1,200 units - 100 percent complete as to direct materials 40 percent complete as to conversion costs The FIFO process costing method is used by the company.
Equivalent units for direct materials during the month totaled

• A) 6,500.
• B) 8,700.
• C) 6,700.
• D) 7,700.

---

Definitions:

Employee Demographics

The statistical characteristics of an organization's workforce, such as age, gender, race, and education level, which can influence policies and practices.

Change Hindrances

Barriers or obstacles that prevent or impede the process of change within an organization or individual.

Shared Identity

This refers to the collective sense of belonging and identification that members of a group or organization feel towards it.

Internal Integration

The process of ensuring different parts of an organization or group work together effectively and cohesively.