题目内容

Which of the following types of companies would typically use process costing rather than job-order costing?

A small appliance repair shop.
B. A manufacturer of commercial passenger aircraft.
C. A specialty equipment manufacturer.
D. A breakfast cereal manufacturer.

查看答案
更多问题

Carrington Corporation produces canned vegetable soup. The company uses the weighted-average method in its process costing system. The company sold 300,000 units in January. Data concerning inventories follow: Inventory at January 1: Work in process............................................................................ None Finished goods............................................................................. 75,000 units Inventory at January 31: Work in process (75% complete with respect to conversion costs)... 24,000 units Finished goods................................................................................. 60,000 units What were the equivalent units for conversion costs for January?

A. 285,000 units.
B. 303,000 units
C. 300,000 units
D. 309,000 units

Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 18,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $16,200. An additional 84,000 units were started into production during the month. There were 17,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $836,880 in conversion costs were incurred in the department during the month.The cost per equivalent unit for conversion costs for the month is closest to:

A. $8.286
B. $9.000
C. $8.804
D. $9.963

Paceheco Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department’s operations in January. Units Percent Complete with Respect to Conversion Beginning work in process inventory................................................ 5,100 70% Transferred in from the prior department during January................... 59,000 Completed and transferred to the next department during January.... 56,800 Ending work in process inventory.................................................... 7,300 40% The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34,558 and a total of $559,254 in conversion costs were incurred in the department during January.The cost per equivalent unit for conversion costs for January in the Molding Department is closest to:

A. $9.479
B. $9.943
C. $9.680
D. $8.435

Lucas Corporation uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows: Units Materials Cost Work in process on October 1.................................................................... 6,000 $3,000 Units started during October...................................................................... 50,000 $25,560 Units completed and transferred to the next Department during October...... 44,000 What was the materials cost of work in process at October 31?

A. $3,060
B. $5,520
C. $6,000
D. $6,120

答案查题题库