Steven Corporation Uses the FIFO Method in Its Process Costing

question 50

Multiple Choice

Steven Corporation uses the FIFO method in its process costing system. Department A's beginning work in process inventory consisted of 15,000 units, 100% complete with respect to materials and 40% complete with respect to conversion costs. The total cost of this inventory was $31,000. A total of 40,000 units were transferred out during the month. The costs per equivalent unit were computed to be $1.30 for materials and $2.20 for conversion costs. The cost of the units completed and transferred out was:

• A)$140,000
• B)$138,300
• C)$131,700
• D)$118,500

---

Definitions:

Sexual Activity

Engagements in behaviors associated with sexual intercourse and other forms of sexual expression between individuals.

Sexual Dysfunction

Refers to a problem that prevents an individual from experiencing satisfaction from sexual activity, which can affect any phase of the sexual response cycle.

Sexual Relations

Physical or romantic activities and interactions between two or more individuals.

Female Sexual Interest/Arousal Disorder

A sexual dysfunction characterized by a lack of sexual interest or arousal in women, significantly impacting their well-being or relationships.