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

question 119

Multiple Choice

Acklac Corporation uses the weighted-average method in its process costing system.This month,the beginning inventory in the first processing department consisted of 700 units.The costs and percentage completion of these units in beginning inventory were: A total of 9,200 units were started and 8,300 units were transferred to the second processing department during the month.The following costs were incurred in the first processing department during the month: The ending inventory was 75% complete with respect to materials and 15% complete with respect to conversion costs. Note: Your answers may differ from those offered below due to rounding error.In all cases,select the answer that is the closest to the answer you computed.To reduce rounding error,carry out all computations to at least three decimal places.
The total cost transferred from the first processing department to the next processing department during the month is closest to:

• A)$485,486
• B)$407,024
• C)$426,300
• D)$440,300

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Definitions:

Rejecting-neglecting

Describes a type of parenting style that is characterized by a lack of responsiveness to a child's needs.

Permissive-indulgent

A parenting style characterized by low demands with high responsiveness, where parents are indulgent and may not enforce consistent limits.

Authoritative Parenting

A parenting style that is high in both responsiveness and demandingness, combining support with clear and consistent rules.

Decentration

Simultaneous focusing on more than one aspect or dimension of a problem or situation.