Department E Had 4,000 Units in Work in Process That

question 62

Multiple Choice

Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. Of the $12,500, $8,000 was for material and $4,500 was for conversion costs. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $32,450 and factory overhead was $18,710. If the average cost method is used the conversion cost per unit (to the nearest cent) would be:

• A) $3.71
• B) $2.84
• C) $2.97
• D) $3.23

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Definitions:

Dependence

A condition characterized by the reliance on a substance, activity, or habit to the extent that its cessation causes severe trauma or withdrawal.

Chronic Illness

A long-lasting health condition that can be controlled but not cured, often requiring ongoing medical attention and management.

Genetic-linked Anemia

is a type of anemia that is caused by inherited genetic conditions affecting the blood's ability to carry oxygen.

Eating Habits

Regular patterns or behaviors related to how, when, and what an individual eats.