Question: please do all QUESTION 23 Which of the following joumal entries would be used to record direct material costs in a company having two proo


QUESTION 23 Which of the following joumal entries would be used to record direct material costs in a company having two proo O Materials Expense Raw Materials xxx Raw Materials XXX Work in Process XxX O Work in Process-Department A Work in Process-Department B XXX Raw Materials XXX k Save and Submit to save and submit. Click Save All Ansupers to sane all QUESTION 24 Which of the following types of companies would typically use process costing rather than job-order costing? O A custom home builder O A specialty equipment manufacturer. A breakfast cereal manufacturer O A manufacturer of commercial passenger aircraft. QUESTION 25 A Company will have net operating income when: O sales are less than variable expenses. O contribution margin is zero. O contribution margin is greater than total fixed costs O total fixed costs are greater than contribution margin. QUESTION 37 Hadley Coporation, which has only one product, has provided the folowing dala conceming its mast recent month c 126 Selling price Units in beginning inventory 1,900 Units produced Units sold 1,800 100 Units in ending inventory Variable costs per unit 49 Direct materials 28 Direct labor Variable manufacturing overhead Variable selling and administrative expense 5 11 Foced costs: Foxed manufacturing overhead Fixed selling and administrative expense The total contribution margin for the month under variable costing is: O $48,800 O $59,400 O $27,100 O $79,200 $ 32,300 23,400
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