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

question 83

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:

Interaction

The manner in which variables in a study or forces in a situation influence each other.

Work Experience

The practical knowledge or skills gained through direct involvement in jobs or tasks over a period of time.

Gender

Gender refers to the socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender-diverse people, which can vary from society to society and can change over time.

Factorial Design

An experimental design used to evaluate the effects of two or more independent variables on a set of dependent variables.