ACCT 344 Week 1 Quiz
WE WRITE ESSAYS FOR STUDENTS
Tell us about your assignment and we will find the best writer for your project
Write My Essay For Me
1. (TCO 2) Which cost assignment method would likely assign the cost of heating in a plant that makes beds and dressers when the bed product line is the cost object?
2. (TCO 2) Which cost is an example of product costs?
3. (TCO 2) Period costs do not include
4. (TCO 2) Based on the following information, which are the conversion costs?
Beginning work-in-process inventory $160,000
Ending work-in-process inventory $180,000
Cost of goods manufactured $500,000
Direct materials used $130,000
5. (TCO 2) Based on the following information, which are the prime costs for the year?
Cost of goods manufactured $380,000
Beginning work-in-process inventory $140,000
Ending work-in-process inventory $120,000
Manufacturing overhead $70,000
6. (TCO 2) The absolute maximum production activity of a manufacturing firm is called
7. (TCO 2) Which item is a basic costing system record in a job-order costing system?
8. (TCO 2) Which firm would make extensive use of job-order costing?
9. (TCO 2) ABC Manufacturing Company has the following total job cards.
Job A $6,500
Job B $5,630
Job C $3,825
Job D $3,800
Job E $6,300
Job F $4,200
Jobs A and B were in Finished Goods Inv. at the beginning of the month.
Jobs C and D were in Work-in-Process at the beginning of the month.
Jobs E and F were started during the month.
At the end of the month, Jobs A and E were sent to customers.
At the end of the month, Jobs C, E, and F were completed and sent to finished goods.
Which is the cost of goods sold for the month?
10. (TCO 2) Action Corporation uses activity-based costing to apply overhead to jobs within a job-order costing system. The following overhead activities were budgeted for the year. Which is the cost of Job 2? |
The post Acct 344 week 1 quiz appeared first on Australia Assessments.
If you are seeking for fast and reliable essay help, you got on the right page. You can order essays, discussion, article critique, coursework, projects, case study, term papers, research papers, reaction paper, movie review, research proposal, capstone project, speech/presentation, book report/review, annotated bibliography, and more. From now on, you can stop worry and forget about writing assignments: your college papers are safe with our expert writers