Fantastic Fabricating Uses the FIFO Method in Its Process Costing

question 64

Multiple Choice

Fantastic Fabricating uses the FIFO method in its process costing system. Beginning inventory in the mixing processing center consisted of 4,000 units, 75 percent complete with respect to conversion costs. Ending work in process inventory consisted of 3,000 units, 60 percent complete with respect to conversion costs. If 11,200 units were transferred to the next processing center during the period, the equivalent units for conversion costs would be

• A) 12,400 units.
• B) 10,000 units.
• C) 11,200 units.
• D) 12,200 units.

---

Definitions:

Slow-To-Warm-Up

This term describes a temperament in children who tend to be cautious in new situations or with unfamiliar people, taking longer to adapt but eventually becoming comfortable.

Difficult Baby

A term in developmental psychology referring to infants with challenging temperaments, often characterized by intense emotions, high activity levels, and irregular routines.

Autonomous Beings

Individuals or entities capable of making independent decisions and governing themselves, often associated with concepts of free will and self-determination.

Culture

The sum of attitudes, customs, beliefs, and social behaviors of a particular group of people or society.