In a Particular Department, 5,000 Units Were Started and All

question 154

Multiple Choice

In a particular department, 5,000 units were started and all but 600 were completed at the end of the period. These 600 were 70% complete for materials and 45% for conversion costs. Costs added were $52,300 for materials and $53,500 for conversion costs. What is the total number of equivalent units for direct materials assuming that the weighted-average method is used?

• A) 5,420
• B) 4,670
• C) 4,820
• D) 4,400

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Definitions:

Wright Mills

Wright Mills was a sociologist known for his work on social structure, the power elite, and the sociological imagination's role in understanding personal experience within larger social patterns.

Conflict Theory

A social theory proposing that societal structures are defined by social conflicts due to inequalities in power, resources, and status.

Functionalist

A perspective in sociology that emphasizes the importance of social structures and their role in maintaining societal stability and functionality.

Symbolic Interactionist

A perspective in sociology that focuses on the symbols and details of everyday life, understanding social interactions and the meanings individuals attach to them.