Nader Inchas the Following Information Available: at the Beginning of the the Period,there

question 12

Multiple Choice

Nader Inc.has the following information available: At the beginning of the period,there were 500 units in process that were 40 percent complete as to conversion costs and 100 percent complete as to direct materials costs.During the current period,4,300 units were started and completed.Ending inventory contained 320 units that were 80 percent complete as to conversion costs and 100 percent complete as to direct materials costs.(Assume that the company uses the FIFO costing method. )
-The total costs that will be transferred into the Finished Goods Inventory account of Nader Inc.during the current period are

• A)$153,080.
• B)$170,880.
• C)$171,788.
• D)$189,600.

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Definitions:

Genes And Environment

Refers to the interplay between an individual's genetic makeup and their surrounding environmental influences in shaping behavior and traits.

Fluid Intelligence

The ability to solve new problems, use logic in new situations, and identify patterns without relying on previously acquired knowledge.

Crystallized Intelligence

The ability to use learned knowledge and experience, often assessed through vocabulary and knowledge-based tests.

Logic Problems

Puzzles or games that require the use of reasoning skills to solve.