Mc qu. 90 which of the following statements of the following statements is most accurate? multiple choicein process costing, estimating the degree of completion of units is usually more accurate for conversion costs than for direct materials. the fifo method includes the cost of the beginning work in process inventory account in calculating cost per equivalent units. the fifo method computes equivalent units based only on production activity in the current period, ignoring the percentage of completion in beginning work in process inventory. the fifo method of calculating equivalent units of production merges the work and the costs of the beginning inventory with the work and the costs done during the current period. it is not possible for there to be a significant difference between the cost of completed units between the weighted average and the fifo methods.

1. alwaysrain irrigation, inc. would like to determine capacity requirements for the next four years. currently, two production lines are in place for making bronze and plastic sprinklers. three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. management has forecast demand for the next four years as follows: both production lines can produce all the different types of nozzles. the bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers. the plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 200,000 sprinklers. three bronze machines and only one injection molding machine are available. what are the capacity requirements for the next four years? (assume that there is no learning.)