Nader,Inc,Has the Following Information Available At the Beginning of the Period,there Were 500 Units in &\text

question 98

Multiple Choice

Nader,Inc.,has the following information available: $\begin{array}{lrr}&\text { Costs from } &\text { Costs from }\\&\text { Beginning } &\text { Current Period }\\&\text { Inventory }\\\text { Direct materials } & \$ 2,300 & \$ 21,252 \\\text { Conversion costs } & 6,200 & 150,536\end{array}$
At the beginning of the period,there were 500 units in process that were 40 percent complete as to conversion costs and 100 percent complete as to direct materials costs.During the current period,4,300 units were started and completed.Ending inventory contained 320 units that were 80 percent complete as to conversion costs and 100 percent complete as to direct materials costs.(Assume that the company uses the FIFO costing method.)
The equivalent units of production for direct materials and conversion costs,respectively,were

• A) 5,120 for direct materials and 5,056 for conversion costs.
• B) 4,480 for direct materials and 4,544 for conversion costs.
• C) 4,120 for direct materials and 4,056 for conversion costs.
• D) 4,620 for direct materials and 4,856 for conversion costs.

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Definitions:

Discrimination

The unequal treatment of individuals or groups based on their characteristics or behaviours. It involves actions or practices of dominant group members that have a harmful impact on members of a subordinate group.

Hispanics

Individuals or communities that originate from Spanish-speaking countries, particularly those from Latin America and Spain.

Heterosexism

The belief in the natural superiority of heterosexuality as a way of life and therefore its logical right to dominance. Comprised of a system of ideas and institutionalized beliefs, it leads to the oppression of any non-heterosexual form of behaviour, identity, relationship, or community.

Same-sex Marriage

The legally or socially recognized marriage between two individuals of the same biological sex or gender identity.