Question: Could someone help me with these problems? Thanks! .T OSung system used by a company making computer chips would be A) process costing. B) job

Could someone help me with these problems? Thanks!  Could someone help me with these problems? Thanks! .T OSung system
used by a company making computer chips would be A) process costing.
B) job costing. C) equivalent units costing. D) conversion cost costing. 3.

.T OSung system used by a company making computer chips would be A) process costing. B) job costing. C) equivalent units costing. D) conversion cost costing. 3. A company manufactures wallets. Last month's costs were: Direct materials Direct labor Manufacturing Overhead $247,000 149,000 70,000 What were the conversion costs for the month? A) S247,000 B) S396,000 C) S219,000 D) $466,000 For which of the following do we prepare calculations for equivalent units? 5. 4. A) Both direct labor and Manufacturing Overhead B) Both direct materials and conversion costs C) Both direct labor and direct materials D) Nether direct materials noi conversion costs dvorable B) $2610 unfavorable C) $2880 favorable D) $2880 unfavorable 21. Hushovd Iron Works has collected the following data for its Thunderbolt line of products Direct materials standard Direct materials standard cost Actual Direct Materials Used (AQU) Actual finished goods purchased 5 pounds per unit S0.55 per pound 20,000 pounds 5,000 units What is the direct materials quantity variance? A) $2,750 unfavorable 6 Normal 12 B z u .: Times New D) $6,250 tavorable 22. The following information describes a company's usage of direct labor in a recent period: Actual rate per hour Standard rate per hour Standard hours for units produced 30,000 $20.00 $11.50 26,500 How much is the direct labor efficiency variance? A) S40,250 favorable B) S40.250 unfavorable C) $70,000 unfavorable D) $70,000 favorable ing information describes a company's usage of direct labor in a recent period: 34,000 S22.00 S12.25 26,000 Actual direct labor hours used Standard rate per hour How much is the direct labor rate variance? A) $253.500 favorable B) $331.500 favorable C) S253.500 unfavorable

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