Use the Information Below to Answer the Following Questions

question 20

Multiple Choice

Use the information below to answer the following questions:
The following information is provided by Abbott Corporation:

The units in ending WIP inventory were 80% complete for materials and 40% complete for conversion costs.
-At the end of the year, what are the equivalent units for conversion costs for the Abbott Corporation if all manufacturing costs are added during the process?

• A) 8,000
• B) 9,600
• C) 1,600
• D) 4,800

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Definitions:

Backpay

Compensation awarded to employees for wages they were denied due to unlawful employment practices.

NLRA Coverage

Refers to the scope of businesses and workers protected under the National Labor Relations Act, which governs labor relations in the United States, including rights to organize and collective bargaining.

Opt Out Approach

A policy or system where individuals are assumed to be participants unless they choose to opt-out or decline participation.

Certification Election

A formal process through which employees vote to accept or reject representation by a labor union.