During March, Department a Started 300,000 Units of Product in a Particular

question 94

Multiple Choice

During March, Department A started 300,000 units of product in a particular production process. The beginning work in process inventory was 50,000 units, and the ending inventory was 40,000 units. Direct materials are introduced at the start of processing, and beginning and ending inventories are considered to be 40 percent complete with respect to conversion costs. Department A uses the FIFO costing method. The number of equivalent units produced with respect to conversion costs was

• A) 296,000.
• B) 306,000.
• C) 336,000.
• D) 316,000.

---

Definitions:

Internal Marketing

An approach to business management that treats employees as internal customers to engage and motivate them towards company goals.

Market Orientation

A business approach that prioritizes identifying and meeting the needs and desires of consumers through product innovation, promotion, and distribution.

Product Innovation

The creation or significant improvement of goods or services that deliver new value to the customer, potentially changing the market or the consumer's interaction with the market.

Prospective Buyers

Individuals or organizations considered likely to purchase a product or service based on certain demographics, interests, or behaviors.