Xin Co, Had 3,000 Units of Work in Process on April

question 19

Multiple Choice

Xin Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 10,000 units were completed and as of April 30, 4,000 units that were 40% complete remained in production. How many units were started during April?

• A) 8,600.
• B) 9,800.
• C) 11,000.
• D) 12,200.
• E) None of the other answers are correct.

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Definitions:

Protectionism

Economic policy of restricting imports from other countries through methods such as tariffs and import quotas, to protect domestic industries.

Domestic Producers

Local manufacturers or growers of goods within a country's borders.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Trade Gains

Benefits that countries obtain from engaging in international trade, such as increased variety of goods and specialization in production.