Verer Custom Carpentry Manufactures Chairs in Its Processing Department

question 133

Multiple Choice

Verer Custom Carpentry manufactures chairs in its Processing Department.Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit.Conversion costs are incurred evenly throughout the production cycle.Inspection takes place as units are placed into production.After inspection,some units are spoiled due to undetectable material defects.Spoiled units generally constitute 5% of the good units.Data provided for March 2017 are as follows:



Costs:

What costs are allocated to the ending work-in-process inventory for direct materials and conversion costs,respectively,using the FIFO method of process costing? (Round any cost per unit calculations to the nearest cent. )

• A)$64,676;$40,067
• B)$28,237;$24,740
• C)$28,352;$25,353
• D)$28,019;$15,091

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Definitions:

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and other activities of the autonomic nervous system, including temperature control, hunger, and thirst.

Midbrain Injury

Damage to the midbrain, a part of the brainstem involved in functions such as vision, hearing, motor control, sleep/wake, arousal, and temperature regulation.

Vital Sign

A measurable bodily function that is an indicator of physiological status, including temperature, pulse, respiration, and blood pressure.

Critically Ill

A state of health in which patients are suffering from severe and life-threatening health conditions, requiring complex and urgent medical care.