Use the Information Below to Answer the Following Questions

question 86

Multiple Choice

Use the information below to answer the following questions:
Goody Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The company uses the weighted-average method for process costing. Data for the finishing department follows:

-The total number of physical units for which we have to account is

• A) 42,000.
• B) 60,000.
• C) 57,000.
• D) 54,000.

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Definitions:

Refined Sugar

Sugar that has undergone processing and purification to remove impurities and color, resulting in white, granulated sugar.

Constrained Machine

A machine or resource within a manufacturing process that limits the overall output due to its capacity or availability.

Constrained Resource

A limited resource that restricts a company's ability to meet production or operational goals.

Annual Financial Advantage

A term referring to the overall financial benefit that an organization or project is expected to generate on a yearly basis.