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Timekeeper Inc

question 35

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Timekeeper Inc.manufactures clocks on a highly automated assembly line.Its costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Testing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production.Timekeeper Inc.uses weighted-average costing.
Data for the Assembly Department for June 2017 are:
Timekeeper Inc.manufactures clocks on a highly automated assembly line.Its costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Testing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production.Timekeeper Inc.uses weighted-average costing. Data for the Assembly Department for June 2017 are:     Costs for June 2017:   What amount of conversion costs is assigned to the ending Work-in-Process account for June? (Round any intermediary calculations to the nearest cent. )  A) $81,588.24 B) $46,709.60 C) $289.71 D) $404,000.00
Timekeeper Inc.manufactures clocks on a highly automated assembly line.Its costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Testing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production.Timekeeper Inc.uses weighted-average costing. Data for the Assembly Department for June 2017 are:     Costs for June 2017:   What amount of conversion costs is assigned to the ending Work-in-Process account for June? (Round any intermediary calculations to the nearest cent. )  A) $81,588.24 B) $46,709.60 C) $289.71 D) $404,000.00
Costs for June 2017:
Timekeeper Inc.manufactures clocks on a highly automated assembly line.Its costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Testing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production.Timekeeper Inc.uses weighted-average costing. Data for the Assembly Department for June 2017 are:     Costs for June 2017:   What amount of conversion costs is assigned to the ending Work-in-Process account for June? (Round any intermediary calculations to the nearest cent. )  A) $81,588.24 B) $46,709.60 C) $289.71 D) $404,000.00
What amount of conversion costs is assigned to the ending Work-in-Process account for June? (Round any intermediary calculations to the nearest cent. )


Definitions:

Immediate Reinforcement

The provision of a reward or feedback right after a particular behavior, which increases the likelihood of that behavior being repeated.

Partial Reinforcement

A conditioning method where only some responses are reinforced, making the learned behavior more resistant to extinction.

Delayed Reinforcement

A term from behavioral psychology referring to the delivery of a reward at a later time than the desired action occurred, which can still effectively reinforce the behavior.

Triadic Reciprocal Causation

A concept in psychology that explains human behavior through the interaction of behavioral, cognitive, and environmental factors.

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