NAME Murtin Richards B 1. Process Costing is used for products that are: A. Different and produced continuously Similar and produced continuously . Individual units produced to customer specifications D. Purchased from vendors 2. In process costing, the equivalent units computer for materials is generally the same as that computed for direct labor A. TRUE B. FALSE _3. Both the number of units and the percent completion of the units in the beginning Work in Process Inventory are included in the computation of Cost per Equivalent Unit A. TRUE B. FALSE 4. Ir process costing, cach separate department or area can become a subsidiary account for Work in Process A. TRUE B. FALSE 5. The Assembly Department uses only Direct Labor. There are no materials or overhead in the department. The Department began the current period with 300 partially completed units (10%), transferred in 6,000 additional units, completed and ended with 900 partially finished units (10% completed). How many completed units were transferred out of the department? A. 5,994 B. 5,400 C. 6,600 D..6,006 6. Conversion costs are a combination of Direct Materials and Applied Manufacturing Overhead. A. TRUE B. FALSE