The combined costs of direct labor and factory overhead per equivalent unit used by many businesses...
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The combined costs of direct labor and factory overhead per equivalent unit used by many businesses with process operations is called: O Physical cost per equivalent unit Overhead cost per equivalent unit Combined cost per equlvalent unit Conversion cost per equivalent unit O Finished cost per equivalent unit Equivalent units of production are equal to: The number of units that could have been started and compieted given the costs incurred during the period. The number of finished units actually produced during a period. The number of units started into the process during a period. The number of units still in process at the end of a period. O Physical units that were started and completed during a period. The Work In Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory. Work In Process Inventory DR CR Beginning balance $5,300 Direct materials 47,900 Direct labor 30,400 ? Finished goods Applled overhead 16,600 Ending balance $10,500 The cost of unlts transferred to finlshed goods Is: $110,700. O $89,700. $94,900. $100,200. $98,400. A job cost sheet shows information about each of the following items except: The direct labor costs assigned to the job. The name of the customer. The costs incurred by the marketing department in selling the job. The overhead costs assigned to the job. O The direct materials costs assigned to the job. Large aircraft producers such as the Boeing Company normally use: O Job order costing. O Process costing. O Mixed costing. O Full costing. O Simple costing. The combined costs of direct labor and factory overhead per equivalent unit used by many businesses with process operations is called: O Physical cost per equivalent unit Overhead cost per equivalent unit Combined cost per equlvalent unit Conversion cost per equivalent unit O Finished cost per equivalent unit Equivalent units of production are equal to: The number of units that could have been started and compieted given the costs incurred during the period. The number of finished units actually produced during a period. The number of units started into the process during a period. The number of units still in process at the end of a period. O Physical units that were started and completed during a period. The Work In Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory. Work In Process Inventory DR CR Beginning balance $5,300 Direct materials 47,900 Direct labor 30,400 ? Finished goods Applled overhead 16,600 Ending balance $10,500 The cost of unlts transferred to finlshed goods Is: $110,700. O $89,700. $94,900. $100,200. $98,400. A job cost sheet shows information about each of the following items except: The direct labor costs assigned to the job. The name of the customer. The costs incurred by the marketing department in selling the job. The overhead costs assigned to the job. O The direct materials costs assigned to the job. Large aircraft producers such as the Boeing Company normally use: O Job order costing. O Process costing. O Mixed costing. O Full costing. O Simple costing.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Posted Date:
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