Figure 6-22 the Following Information Is Available for Department C for the for the Month

question 172

Multiple Choice

Figure 6-22
The following information is available for Department C for the month of August:
Units Cost
Work in process, August 1 (70% complete) 10,000
Materials are added at the beginning of the process. Inspection takes place at the 50 percent point in the conversion
process to determine spoiled units. Round unit costs to two decimal places. The company uses the weighted average cost flow assumption.
-Refer to Figure 6-22. Department C's equivalent units of production for conversion using the weighted average method is

• A) 44,800.
• B) 47,200.
• C) 50,000.
• D) 54,000.

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Definitions:

Marginal Product

The marginal product is the additional output produced as a result of adding one more unit of a specific input, keeping other inputs constant.

Purely Competitive

A term often used interchangeably with "perfectly competitive," referring to a market with many buyers and sellers, all trading identical products.

Marginal Product

The additional output resulting from the use of one more unit of a variable input, holding all other inputs constant.

Least Costly

The most economical or budget-friendly option among a set of alternatives.