Use the Information Below to Answer the Following Questions

question 258

Multiple Choice

Use the information below to answer the following questions:
The Weighted Average method is used for process costing at Sunrise Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

-What is the total cost of units completed and transferred out at Sunrise Corporation?

• A) $612,675
• B) $632,625
• C) $563,317
• D) $615,381

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Definitions:

Silversmith

An artisan specializing in the creation and manipulation of silver into functional items, jewelry, or art.

Restrictive Indorsement

An indorsement in which words have been added to the signature of the indorser that specify the purpose of the indorsement or the use to be made of the commercial paper, such as “for deposit only.”

Dishonored

Refers to a failure in fulfilling an obligation, such as a check not being paid because of insufficient funds.