Use the Information Below to Answer the Following Question(s)

question 91

Multiple Choice

Use the information below to answer the following question(s) .Hollywood North Magic, a cosmetic manufacturer, began operations in January.During the first month of operations, $60,000 was incurred for direct materials and $80,000 was incurred for conversion costs.During January, 30,000 litres of cosmetics were started and 6,000 litres were unfinished at the end of the month.Ending work-in-process was 45% completed.All inputs are added evenly throughout the production process.
-Calculate the equivalent units for conversion costs in January using the FIFO method.

• A)24,000 litres
• B)26,700 litres
• C)30,000 litres
• D)36,000 litres
• E)39,000 litres

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Definitions:

Sexual Intercourse

A biological and physical activity involving genital contact or penetration, often associated with reproduction but also engaged in for pleasure or intimacy.

Exclusive Commitments

Decisions or pledges that involve dedicating oneself completely to a single cause, relationship, or activity to the exclusion of all others.

Increased Self-Esteem

The elevated sense of worth or value that an individual perceives about themselves.

Deportation

The act of formally removing a foreign national from a country for violating immigration laws.