Reference no: EM132638655

Tranquil Teas makes bottled iced teas and uses a process cost system.

Question 1: Each day, Tranquil produces 250 bottles of tea; each period, Tranquil produces 23,000 bottles; each year, Tranquil produces 92,000 bottles. In addition, Tranquil does about 180 production runs per year. At what point should Tranquil determine its total manufacturing costs?

Option 1: at the end of each period

Option 2: at the end of each year

Option 3: at the end of each day

Option 4: at the end of each production run