The Debits to Work-In-Process for Department #2 for the Month

question 35

Multiple Choice

The debits to Work-in-Process for Department #2 for the month of April of the current year,together with information concerning production,are presented below.All direct materials come from Department #1.The units completed include the 1,200 in process at the beginning of the period.Department #2 uses FIFO costing. What are the total costs to be accounted for on the production cost report for Department #2 for the period?

• A)$16,400.
• B)$17,600.
• C)$11,600.
• D)$12,660.

Apply the BAT and Miller-Orr models to manage cash balances and understand their cost implications.

Analyze the effect of payment delays on cash management.

Calculate the optimal cash balance for various scenarios.

Evaluate the benefits of reducing collection and disbursement times.

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