The Learner Company Uses the Weighted Average Method

question 104

Multiple Choice

The Learner Company uses the weighted average method.Learner's beginning work in process consists of 6,600 units (100% complete with respect to materials and 60% complete with respect to conversion costs) .The number of units completed is 126,000.The ending work in process consists of 10,500 units (100% complete with respect to materials and 30% complete with respect to conversion costs) .Calculate the number of units started during the period.

• A) 129,900
• B) 100,000
• C) 120,000
• D) 133,500

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Definitions:

Choice-of-Law Clause

A provision in a contract that specifies which jurisdiction's laws will be applied to interpret the contract.

Breach of Contract

The failure of one party to fulfill the terms agreed upon in a contract, justifying legal action for enforcement or damages by the other party.

Contract Disputes

Disagreements that arise over the terms, conditions, or performance of a legally binding agreement between parties.

Federal Court

courts established by the constitution or laws of the United States that have jurisdiction over federal laws, interstate matters, and other specific cases.