Salter Corporation Uses the FIFO Method in Its Process Costing

question 74

Multiple Choice

Salter Corporation uses the FIFO method in its process costing system. The company reported 25,000 equivalent units for materials last month. The company's beginning work in process inventory consisted of 6,000 units, 40% complete with respect to materials. The ending work in process inventory consisted of 4,000 units, 70% complete with respect to materials. The number of units started during the month was:

• A)25,400 units
• B)23,400 units
• C)22,600 units
• D)24,600 units

---

Definitions:

Distended Scalp Veins

Swollen or enlarged veins on the scalp, often visible and may indicate increased intracranial pressure or other medical conditions.

Sunken Fontanel

A condition where the soft spot on a baby’s skull appears depressed or caved in, potentially indicating dehydration or illness.

Tonic-Clonic Seizure

A type of seizure that involves a sudden loss of consciousness and violent muscle contractions, previously known as a grand mal seizure.

Postictal Confusion

A state of clouded consciousness and disorientation that occurs immediately following a seizure.