Activities in the Sargent Corporation's Assembly Department for the month of March follow:   PercentComplete UnitsMaterialsConversionWork-in-process inventory, March 17,00070%35%Started into production during March66,000    Work-in-process inventory, March 315,00045%30%  Using the weighted-average method, the equivalent units for materials for March would be:

A. 70,250
B. 71,000
C. 66,000
D. 68,000


Answer: A

Business

You might also like to view...

A challenge with traditional file storage is _____.

A. low data redundancy B. high data accuracy C. high data integrity D. low data misrepresentation

Business

In contracting a project to a third-party, the acronym BOOT means ______.

a. the third-party not only completes the project but also operates it for a while to demonstrate everything is functioning as it should b. the third-party not only completes the project but then pushes—or boots out—the project to the ultimate owner who then tests and operates the project c. if the project is not completed on time, the third-party contractor is booted out d. buy-organize-operate-terminate

Business

Depreciation expense under the double-declining-balance method is equal to the book value of the asset at the beginning of the period multiplied by twice the straight-line depreciation rate.

Answer the following statement true (T) or false (F)

Business

For financial reporting purposes, cash generally includes currency and other items that are payable on demand, such as checks, money orders, bank drafts, and certain savings accounts.

Answer the following statement true (T) or false (F)

Business