Stay Corporation Uses the Weighted-Average Method in Its Process Costing

question 77

Multiple Choice

Stay Corporation uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 8,000 units, 60% complete with respect to materials and 80% complete with respect to conversion costs. If the total cost in this inventory is $200,000 and if the cost for materials is $16 per equivalent unit for the period, the conversion cost per equivalent unit of the production for the period must be:

• A)$19.25
• B)$16.00
• C)$25.67
• D)$31.25

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Definitions:

Cultural Differences

Variations in beliefs, values, habits, and social practices among people from different backgrounds.

Honest Messages

Communications that are truthful, transparent, and free from deceit, fostering trust and integrity.

Nonverbal Communication

The process of conveying a message without the use of words, through gestures, facial expressions, body language, and other cues.

Intercultural Communication

The process of exchanging meaningful information across cultural boundaries in a way that preserves mutual respect and minimizes misunderstanding.