A properties of products that space mass-produced in a continuous fashion is thatA. Lock are developed at the moment an order is received.B. Their costs are accumulated on job cost sheets.C. The commodities are identical or very similar in nature.D. They are grouped in batches.

You are watching: Which of the following manufacturing cost elements occurs in a process cost system?


In a process cost system,A. A products requisition must identify the task on which the materials will be used.B. A occupational in process account is kept for each process.C. One work-related in process account is preserved for all the processes, similar to a task order price system.D. A occupational in procedure account is preserved for each product.
Which that the following manufacturing cost facets occurs in a process cost system?A. Production overhead.B. All of these.C. Straight materials.D. Straight labor.
Which the the adhering to is a true explain about process cost systems?A. A process cost system has actually one work-related in process account because that each process.B. Unit expenses are no computed in procedure cost systems.C. In procedure cost systems, expenses are summarized on job expense sheets.D. In process cost systems, prices are gathered but no assigned.
The flow of expenses in a process costing system requires that products be added in one department, labor included in one more department and also manufacturing overhead in a third department.A. TrueB. False
A major driver the overhead costs in continuous manufacturing to work is:A. Straight labor hours.B. Machine maintenance dollars.C. Maker hours. D. Straight labor dollars.
In computer equivalent units, ___________ is not component of the identical units of production formula. A. Finishing work in processB. Units moved outC. Beginning work in processD. Nobody of these is correct
The last step in preparing a production price report is toA. Prepare a cost reconciliation schedule.B. Compute indistinguishable units the production.C. Compute unit production costs.D. Compute the physics unit flow.
Denton firm had the following department details for the month of September: complete materials costs, $50,000; tantamount units of materials, 20,000; total conversion costs, $30,000; and also equivalent devices of switch costs, 10,000. What is the total manufacturing cost per unit because that the month of September?A. $2.67.B. $2.50.C. $3.00.D. $5.50.
D. $5.50.Unit materials cost ($2.50) = total materials expense ($50,000) ÷ identical units of products (20,000). Unit conversion expense ($3.00) = complete conversion expenses ($30,000) ÷ indistinguishable units of conversion expenses (10,000). Total manufacturing price per unit ($5.50) = Unit materials cost ($2.50) + unit conversion price ($3.00).

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In the production price report, the totalA. Expenses accounted for equates to the expenses of the systems started into production.B. Physical devices accounted for equals the prices accounted for.C. Prices charged equates to the devices to be accounted for.D. Physical units accounted for amounts to the systems to be accounting for.
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