Ozdemir Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 200 Materials costs$1,800 Conversion costs$600 Percent complete with respect to materials 55%Percent complete with respect to conversion 10%Units started into production during the month 5,000 Units transferred to the next department during the month 4,500 Materials costs added during the month$74,800 Conversion costs added during the month$128,800 Ending work in process inventory: Units in ending work in process inventory 700 Percent complete with respect to materials 85%Percent complete with respect to
conversion 70% What are the equivalent units for conversion costs for the month in the first processing department?
A. 4,300
B. 4,970
C. 5,200
D. 490
Answer: B
You might also like to view...
A promissory note payable "on the day of the next presidential election" is
a. nonnegotiable. b. unenforceable. c. void. d. negotiable.
All of the following are true regarding stealth marketing EXCEPT:
A. it is also known as guerrilla marketing B. it is any unconventional way of performing marketing promotion C. usually done on a low budget D. the target audience is unaware they have been marketed to E. doesn't generate buzz
Division C makes a part that it sells to customers outside of the company. Data concerning this part appear below: Selling price to outside customers$75Variable cost per unit$54Total fixed costs$150,000Capacity in units 10,000?Division D of the same company would like to use the part manufactured by Division C in one of its products. Division D currently purchases a similar part made by an outside company for $79 per unit and would substitute the part made by Division C. Division D requires 1,000 units of the part each period. Division C has ample excess capacity to handle all of Division D's needs without any increase in fixed costs and without cutting into outside sales. What is the lowest acceptable transfer price from the standpoint of the selling division?
A. $75 B. $79 C. $69 D. $54
While cloud computing is not immune to outages, it can spread the risk of service interruption to multiple servers by:
A) providing many redundant sites. B) allowing sites to back up their own content as often as they would like. C) connecting to the internet via satellite. D) providing both database services and Web services.