The ethics and ethical dilemma associated with a given scenario Introduction: Ethics are described as the moral values of the individuals and the generally accepted conduct in a society. Ethical dilemma is a situation where a choice has to be made between two alternatives which and be either clearly right or clearly wrong.

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The ethics and ethical dilemma associated with a given scenario

Introduction:

Ethics are described as the moral values of the individuals and the generally accepted conduct in a society. Ethical dilemma is a situation where a choice has to be made between two alternatives which and be either clearly right or clearly wrong.

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Carmelita Inc. has the following information available: Costs from Beginning Direct materials Conversion costs Inventory Costs from Current Period $5,100 6,800 $ 20,200 1,46,900 At the beginning of the period, there were 500 units in a process that was 45% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 5,100 units were started and completed. The ending inventory contained 400 units that were 29% complete as to conversion costs and 100% complete as to materials costs. The company uses the FIFO process cost method. The equivalent units of production for direct materials and conversion costs, respectively, were: a. 5,100 from direct materials and 5,491 for conversion costs. b. 5,491 for direct materials and 5,500 for conversion costs. c. 5,491 for direct materials and 5,491 for conversion costs. d. 5,500 for direct materials and 5,491 for conversion costs.