The Roberto Company Had Computed the Flow of Units for Department

question 20

Essay

The Roberto Company had computed the flow of units for Department B for the month of May as follows: ​ Materials are added at the end of the process.There were 8,000 units of work in process at May 31.The work in process at May 1 was 30 percent complete as to conversion costs and the work in process at May 31 was 20 percent complete as to conversion costs.What was the cost of the goods transferred out and in ending work in process using the FIFO method? (Ignore transferred-in costs).

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Definitions:

Ambivalent Attachment

The attachment style for infants who are unwilling to explore an unfamiliar environment but seem to have mixed feelings about the caregiver—they cry when the caregiver leaves the room, but they cannot be consoled by the caregiver upon the caregiver’s return.

Secure

Feeling of being safe, stable, and free from fear or anxiety.

Anxious

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Assimilation

The cognitive process of integrating new information into existing cognitive schemas, perceptions, and understanding.