Omega Corporation Uses Process Costing to Calculate the Cost of Manufacturing

question 30

Multiple Choice

Omega Corporation uses process costing to calculate the cost of manufacturing pool systems.Beginning work in process included 30,000 units 60 percent complete.During the month 170,000 units were completed,20,000 units remain in work in process at 80 percent complete.Using the average cost method,the equivalent units are:

• A)170,000
• B)196,000
• C)186,000
• D)190,000

---

Definitions:

Method

The process of how a program converts inputs into the correct outputs.

MUMPS Language

A high-level programming language used primarily in the healthcare industry for database and information processing.

Healthcare Databases

Specialized databases that store and manage patient and healthcare information for clinical, financial, and administrative purposes.

Source Code

The human-readable instructions and statements written by developers in programming languages, used to create software applications.