The Fox Company uses the weighted average method. The beginning work in process consists of 20,000 units (100% completed as to materials and 50% complete as to conversion costs). The number of units completed was 80,000. The ending work in process consists of 10,000 units (100% complete as to materials and 20% complete as to conversion costs). The equivalent units of production for conversion

costs was:
A) 110,000
B) 90,000
C) 80,000
D) 82,000


D

Business

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Which statement BEST describes deductive reasoning?

a. It eliminates the need for statistical analysis. b. It is based on the logical syllogism: major premise, minor premise, and conclusion. c. It has little application in the interpretation of business research data. d. It allows a valid conclusion to be sustained by a false minor premise.

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