Multiple Choice
Williams Company computed its cost per equivalent unit for direct materials to be $2.60 and its cost per equivalent unit for conversion to be $3.75.A total of 250,000 units of product were completed and transferred out as finished goods during the month,and 36,000 of equivalent units remained unfinished at the end of the month.The amount that should be reported in Finished Goods Inventory is:
A) $650,000.
B) $135,000.
C) $1,816,100.
D) $1,587,500.
E) $228,600.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: The managers of process operations focus on
Q23: Hybrid systems contain features of both process
Q35: In a process costing system, the purchase
Q52: Manufacturers that utilize process operations produce large
Q100: In process costing, the cost object is
Q137: During April,the production department of a process
Q141: During December,the production department of a process
Q143: Andrews Corporation uses a process costing system
Q173: Equivalent units of production refer to the
Q198: In process costing, the classification of materials