Question: Activity-based costing might have a role in process costing settings under what conditions? a. under no conditions b. when there are products produced with homogeneous

 Activity-based costing might have a role in process costing settings under

Activity-based costing might have a role in process costing settings under what conditions? a. under no conditions b. when there are products produced with homogeneous processes and little diversity c. when multiple products are being produced. d. when only one product is being produced Pelosi Company manufactures chairs. The following information was given for the company: Materials in the ending inventory were 100 percent complete and conversion in the ending inventory was 20 percent complete. Refer to Figure 6-6. What are the units started and completed? a. 10,000 b. 15,000 c. 20,000 d. 40,000 e. none of these Refer to Figure 6-6. What are the equivalent units for materials and conversion respectively? a. 20,000: 20,000 b. 15,000: 15,000 c. 20,000: 16,000 d. 15,000: 14,000 e. none of these Refer to Figure 6-6. What are the costs per unit for materials and conversion respectively? a. exist22: exist4 b. exist29.33: exist4.27 c. exist11: exist1.60 d. exist88: exist64 e. none of these Amy Company produces and sells bikes. It expects to sell 15,000 bikes in March 2011 and had 1, 200 bikes in finished goods inventory at the end of February 2011. Amy Company would like to complete operations in March with at least 1, 500 completed bikes in inventory. The bikes sell for exist100 each. be the total sales for March 2011

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