Question: Problem ? (48 points) FILL-IN-THE-BLANK-PRINCIPLES AND TERMINOLOGY INSTRUCTIONS: Complete each of the following statements by writing the appropriate word or amounts in the Answers column.

 Problem ? (48 points) FILL-IN-THE-BLANK-PRINCIPLES AND TERMINOLOGY INSTRUCTIONS: Complete each of

Problem ? (48 points) FILL-IN-THE-BLANK-PRINCIPLES AND TERMINOLOGY INSTRUCTIONS: Complete each of the following statements by writing the appropriate word or amounts in the Answers column. For Scoring Answers 0. The cost system (process or job order) best suited to industries that manufacture products to fill special orders trom customers is job order 0. 1. The periodic report prepared for each processing department, summarizing (1) the units tor which the department is responsible and their disposition and (2) the costs charged the department and their allocation, is termed the.... 2. Trenton Manufacturing incurred $65,000 of direct materials costs. If ,000 direct materials equivalent units were manufactured, the equivalent unit cost tor direct materia's is. 2. 3-4, The transferred costs of completed production in Department A using a process system include: 3. 3. 5-6. The entry to record the cost of finished product sold to customers is: 5. 6. 7.10. In a process cost system, the cost of goods comploted and the ending inventory are determined by using the tollwing tour steps: 8. 9. 10._ The three categories of units to be assigned cost for an accounting perlod in a process cost system are: 11-13. 12. 13. 13. Department G had 8,000 units in work in pocess that were 40% converted at the beginning of the period at a cost of $19,450. During the period, 18,000 units of direct materials were added at a cost of $54,000, 18,500 units were completed, and 7,500 units were 40% completed. The first-in, first-out cost method is used and all matorials are added at the beginning of the process. Direct labor was $32,500, and factory overhead was $66,320 during the period. 14-17, 14. The number of equivalent units of conversion for the period was.. 15. The total conversion costs for the period were .. 16. The conversion cost of the units started and completed during the period 15. was 16. continued

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