Cherrington Company Uses a Process Costing System

question 23

Multiple Choice

Cherrington Company uses a process costing system. For May, the month just completed, the beginning work in process inventory consisted of 50,000 units which were 60% complete with respect to conversion costs. The ending inventory for the month was 20% complete with respect to conversion costs. A summary of cost data for the month follows:



-Using the FIFO method, the equivalent units for May for conversion costs are:

• A) 85,600 units
• B) 88,800 units
• C) 95,200 units
• D) 98,400 units

---

Definitions:

Neurotransmitters

Neurotransmitters are chemical messengers that transmit signals across a chemical synapse, from one neuron to another target neuron, muscle cell, or gland cell.

Serotonin

A neurotransmitter in the brain involved in regulating mood, appetite, and sleep among other functions.

Acetylcholine

A neurotransmitter involved in many functions including muscle movement, heart rate, memory, and also acts as a neuromodulator in the central and peripheral nervous systems.

Dopamine

A neurotransmitter involved in many brain functions, including reward and motivation, motor control, and the regulation of mood.