A Company's Beginning Work in Process Inventory Consisted of 20,000

question 132

Multiple Choice

A company's beginning Work in Process inventory consisted of 20,000 units that were 80% complete with respect to direct labor.A total of 90,000 were finished during the period and 25,000 remaining in Work in Process inventory were 40% complete with respect to direct labor at the end of the period.Using the weighted-average method,the equivalent units of production with regard to direct labor were:

• A)46,000.
• B)100,000.
• C)76,000.
• D)90,000.
• E)116,000.

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Definitions:

Peripheral Countries

Nations that are less developed than the semi-periphery and core countries, often exploited for their resources by more economically dominant nations.

World Poverty

A global issue characterized by the lack of basic resources, services, and opportunities necessary for people to live a healthy and productive life, disproportionately affecting developing countries.

Causes

Factors or conditions that bring about an effect or influence the occurrence of an event, action, or condition.

Wealthy Nations

Countries characterized by a high level of economic development, significant gross domestic product (GDP), and advanced technological infrastructure, leading to a higher standard of living for their populations.