The Production Report for Glenway Company for February Contained the Following

question 61

Multiple Choice

The production report for Glenway Company for February contained the following information: Work in process,beginning of the month - 3,500 units;1 / 5 completed
Units completed and transferred to finished goods - 25,000
Work in process,end of month - 4,000 units;1 / 4 completed
Production costs for the month were: materials - $25,325;labor - $20,175;overhead - $38,950.Costs in beginning work in process were $5,250.
What is the cost per equivalent unit?

• A)$3.45
• B)$3.59
• C)$3.20
• D)$3.25

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Definitions:

Union Suppression

Efforts or strategies aimed at weakening, regulating, or eliminating labor unions and their influence on workers and workplace conditions.

Strike Replacements

Workers who are hired to fill the positions of striking workers during a labor strike, often controversial as they can undermine the effectiveness of the strike.

Ethical Perspective

A viewpoint or approach considering what is morally right or wrong in the context of decision-making or behavior.

Utility

In economics, utility refers to the satisfaction or benefit derived by consumers from consuming goods or services.