The Following Information Is Provided Materials Are Added at the Beginning of the Process

question 126

Multiple Choice

The following information is provided: $\begin{array}{lr}&\text { Units }\\\text { Work in process, May } 1 \text { ( } 30 \% \text { complete }) & 6,000 \\\text { Started in June } & 40,000 \\\text { Work in process, May } 31 \text { (40\% complete) } & 14,000\end{array}$ Materials are added at the beginning of the process. What would be the equivalent units of production for conversion costs when using the weighted average method?

• A) 27,600
• B) 34,800
• C) 35,600
• D) 37,600

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Definitions:

CRA

Stands for Canada Revenue Agency, the federal agency responsible for administering tax laws and various social and economic benefit and incentive programs.

Potential New Shareholders

Individuals or entities that may consider investing in a company's equity but currently do not hold any shares.

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