ACCT 505 Entire Course
For more course tutorials visit
www.uophelp.comACCT 505 Week 1-7 All Discussion Questions
ACCT 505 Week 1 Case Study
ACCT 505 Week 2 Quiz Job Order and Process Costing Systems
ACCT 505 Week 3 Case Study II
ACCT 505 Week 4 Midterm Exam
ACCT 505 Week 5 Measuring Performance – Course Project A
ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions
ACCT 505 Week 7 Capital Budgeting Course Project
……………………………………………………………………………………………………………………………………………………………………….ACCT 505 Week 2 Quiz Job Order and Process Costing Systems
For more course tutorials visit
www.uophelp.com1.Question :
(TCO F) For which situation(s) below would an organization be more likely to use a job-order costing system of accumulating product costs rather than a process costing system2.Question :
(TCO F) Process costing would be appropriate for each of the following except:
3.Question :
(TCO F) Lucas Company 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
Material Cost
Work in process on October 1
6,000
$3,000
Units started in October
50,000
$25,560
Units completed and transferred to next Department during October
44,000
What was the materials cost of work in process at on October 314.Question :
(TCO F) In a job-order costing system, the use of direct materials that have been previously purchased is recorded as a debit to:
5.Question :
(TCO F) During December at Ingrim Corporation, $74,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct…