Lo-Crete Produces Quick Setting Concrete Mix

question 36

Multiple Choice

Lo-crete produces quick setting concrete mix.Production of 200,000 tons was started in April,190,000 tons were completed.Material costs were $3,152,000 for the month while conversion costs were $591,000.There was no beginning work-in-process;the ending work-in-process was 70% complete.What is the material cost of the product that remains in work-in-process?

• A)$315,200.
• B)$157,600.
• C)$112,000.
• D)$160,000.

---

Definitions:

Ethical Judgments

The process of evaluating the morality of actions or decisions, often based on societal norms, personal values, or ethical theories.

Visual Recognition Memory

The ability to remember and recognize previously seen objects or individuals.

Cognitive Assimilation

A process in Piaget's theory where individuals integrate new information into existing cognitive schemas or frameworks.

Angular Gyrus

A region of the brain in the parietal lobe responsible for processing language, numbers, and spatial cognition, among other functions.