The Following Amounts Were Selected from the Production Report of Doggie

question 47

Multiple Choice

The following amounts were selected from the production report of Doggie Donuts Corporation: $\begin{array}{lr}\text { Actual units in production } & 55,000 \\\text { Equival ent units (materials) } & 55,000 \\\text { Equival ent units (conversion) } & 45,000 \\\text { Cost per equivalent unit (materials) } & \$ 1.50 \\\text { Cost per equivalent unit (conversion) } & \$ 1.10\end{array}$ Doggie Donuts uses the weighted average method in preparing its production reports.What must Doggie Donuts' total production cost to be accounted for have been?

• A) $49,500
• B) $82,500
• C) $132,000
• D) $150,000

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Definitions:

Collective Bargaining

The process by which workers, through their unions, negotiate contracts with their employers to determine their terms of employment.

Unions

Organizations formed by workers to represent their interests, typically in negotiations with employers over wages, benefits, and working conditions.

Management

The act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively.

Level of Success

A measure or assessment of the extent to which an individual, group, or organization has achieved its goals or objectives.