At the end of their first month of operations, a cookie factory has some unfinished inventory in Work-in-Progress (WIP) (Packaging) . Tara, the manager of the Packaging department wants to assess the unfinished inventory's degree of completion to finalize the costing information. All Direct Materials (DM) in the process are added at the beginning of the process, and Conversion Costs (CC) are incurred evenly throughout the packaging process. If it takes two hours to complete the process and only 46 minutes elapsed, then the degree of completion for CC is which of the following?
A) 26.08%
B) 38.33%
C) 46.00%
D) 76.67%
Correct Answer:
Verified
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