A Production Department's Output for the Most Recent Month Consisted

question 112

Multiple Choice

A production department's output for the most recent month consisted of 10,000 units completed and transferred to the next stage of production and 10,000 units in ending goods in process inventory. The units in ending goods in process inventory were 50% complete with respect to both direct materials and conversion costs. There were 1,000 units in beginning goods in process inventory, and they were 70% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method.

• A) 10,000 units.
• B) 10,300 units.
• C) 15,000 units.
• D) 15,300 units.
• E) 10,700 units.

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Definitions:

Social Institutions

Structures or mechanisms of social order governing the behavior of individuals within a given community, such as family, education, and government.

Dynamic Theory

A theoretical approach that emphasizes change and evolution in social, physical, or psychological systems.

Practical-Evaluative Agency

The capacity of individuals to critically assess their social environment and make choices that reflect their interests and values.

Iterative Agency

The concept that individuals have the capacity to repeatedly reassess, adjust, and act upon their environments or situations in a way that may alter their conditions and the conditions of others over time.