Managerial Questions - 22239

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More questions in the document....please have a look..

 

 

 

1.Inajob-ordercostsystem,theapplicationofmanufacturingoverheadusuallywouldbe recordedasadebitto:

A)  ManufacturingOverhead. B)  CostofGoodsSold.

C)  FinishedGoodsinventory. D)  WorkinProcessinventory.

 

2.Themanufacturingoperationthatwouldbemostlikelytouseajob-ordercosting systemis:

A)  shipbuilding.

B)  toymanufacturing.

C)  candymanufacturing. D)  crudeoilrefining.

 

3.Therearetwoacceptablemethodsforclosingoutanybalanceofunder-or overapplied overhead.Onemethodinvolvesallocation,whereastheotherclosesanybalancedirectlyto: A)  WorkinProcessinventory.                              B)CostofGoodsManufactured.

 

C)  FinishedGoodsinventory.                       D)CostofGoodsSold.






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Solutions contains answers for only questions......1-11 , 13,20,21....100% Accurate Money back guaranteed. + Once purchased in SOF got an A+.

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