The Nichols Company Uses the Weighted-Average Method in Its Process

question 61

Multiple Choice

The Nichols Company uses the weighted-average method in its process costing system.The company recorded 29,500 equivalent units for conversion costs for November in a particular department.There were 6,000 units in the ending work in process inventory on November 30,75% complete with respect to conversion costs.The November 1 work in process inventory consisted of 8,000 units,50% complete with respect to conversion costs.A total of 25,000 units were completed and transferred out of the department during the month.The number of units started during November in the department was:

• A)24,500 units
• B)23,000 units
• C)27,000 units
• D)21,000 units

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Definitions:

Behavior Genetics

The study of the genetic and environmental influences on behaviors, emphasizing the role of heredity in psychological traits.

Biological Influences

Factors stemming from physiological and genetic conditions that impact individual behaviors, traits, and health.

Environmental Influences

External factors surrounding an individual that affect their behavior, growth, and development.

Frontal Lobes

The portion of the cerebral cortex involved in decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.