Figure 6-15 The Davidson Company Uses a Weighted Average Process Costing System

question 45

Multiple Choice

Figure 6-15
The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at the beginning of the process and are 100%.

-Refer to Figure 6-15. What are the equivalent units for materials?

• A) 133,000
• B) 100,000
• C) 165,000
• D) 125,000
• E) none of the above

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Definitions:

Denominator

The bottom number in a fraction that shows into how many parts the whole is divided.

Three Figure Accuracy

The accuracy of a number rounded to the nearest hundred; signifies a level of precision.

Pair of Equations

A pair of equations that are simultaneously solved to identify a shared solution for their variables.

Three Figure Accuracy

The precision of a numerical value rounded to the nearest hundredth, typically used in scientific or technical contexts.