$2$

$0$

x

$2$

$.$

$0$

$1$

$.$

$0$

$1$

$2$

$0$

x

$2$

$.$

$1$

$2$

$.$

$3$

$1$

Raw Material

$

$2$

$7$

$5$

$,$

$0$

$0$

$0$

$

$3$

$2$

$5$

$,$

$0$

$0$

$0$

Work

$-$

in

$-$

process

$4$

$8$

$0$

$,$

$0$

$0$

$0$

$4$

$0$

$0$

$,$

$0$

$0$

$0$

Finished Goods

$2$

$5$

$0$

$,$

$0$

$0$

$0$

$4$

$2$

$5$

$,$

$0$

$0$

$0$

CH

$\_$

$0$

$2$

$.$

$$Cost Terms & Concepts: Practice Questions

Q

$4$

$)$

$$Multiple Choice

Descried nfornation of CA Manuficturing Lid

$2$

$0$

$-$

$2$

$$bogiming and ending invenories

During the year following costs are incurred.

Purchase of raw material:

Direct Labor:

Manufacturing Overhead:

$

$2$

$,$

$0$

$0$

$0$

$,$

$0$

$0$

$0$

$

$1$

$,$

$1$

$0$

$0$

$,$

$0$

$0$

$0$

$

$1$

$,$

$6$

$5$

$0$

$,$

$0$

$0$

$0$

How much is costs of goods sold for CA Manufacturing?

$

$4$

$,$

$6$

$0$

$5$

$,$

$0$

$0$

$0$

$

$4$

$,$

$8$

$0$

$2$

$,$

$0$

$0$

$0$

$

$4$

$,$

$8$

$3$

$0$

$,$

$0$

$0$

$0$

$

$4$

$,$

$8$

$9$

$5$

$,$

$0$

$0$

$0$

$5$

$

$5$

$,$

$1$

$8$

$0$

$,$

$0$

$0$

$0$