Department G Had 3,600 Units, 40% Completed at the Beginning

question 14

Multiple Choice

Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the material and conversion cost per unit (to the nearest penny) , respectively.

• A) $5.94 and $5.86
• B) $5.94 and $6.38
• C) $8.00 and $8.68
• D) $9.84 and $9.58

---

Definitions:

Annual Reports

Comprehensive reports on a company's activities throughout the preceding year, intended to provide stakeholders with financial and operational information.

State Attorney General

The chief legal officer of a state, responsible for representing the state in legal matters, overseeing its legal affairs, and providing legal advice to the state government.

Business Judgment Rule

A principle that protects company directors and officers from liability for decisions made in good faith that are believed to be in the best interest of the company.

Shareholders

Shareholders are individuals or entities that own shares in a company, giving them certain rights, such as voting on corporate matters.