Ac202 Principles Of Accounting Ii

AC202 Principles of Accounting IIName______________________ Park UniversityVersion D Third mo Exam-Chapters 19-21 dual Choice Questions ( 2 points each ) Select the ONE, trump Answer. 1. A note set up price accounting form would best(p) fit the needs of a company that makes: A. blank shoes and app arl. B. Paint. C. Cement. D. Custom machinery. E. Pencils and erasers. 2. The Goods in Process Inventory account of a manufacturing company that uses an knock mark based on raptus labor address has a $4,400 debit balance later on all identity card is completed. The cost sheet of the single job still in process shows direct cloth cost of $2,000 and direct labor cost of $800. thitherfore, the companys overhead activity rate is: A. 40%. B. 50%. C. 80%. D. 200%. E. 220%. 3. after(prenominal) posting all actual factory overhead and applying factory overhead to production departments in a process cost system, A. there entrust neer be underapplie d overhead. B. There will never be overapplied overhead. C. There will always be underapplied overhead. D. There will always be overapplied overhead. E. There may be over or underapplied overhead. 4. Costs that the manager has the military group to plant or at least strongly sour are called: A. Uncontrollable be. B. Controllable costs. C. Joint costs. D.

Direct costs. E. confirmatory costs. 5. A difficult problem in calculating the correspond costs and expenses of a department is: A. ascertain the gross moolah ratio. B. delegate direct costs to the department. C. Assigning indirect exp enses to the department. D. Determining the! mensuration of sales of the department. E. Determining the direct expenses of the department. Problem #1 ( 30 points ) BC Company uses a job order cost accounting system. During the month of April, the following events occurred: (a) Purchased raw materials on credit, $32,000. (b) warm materials requisitioned: $25,800 as direct materials and $10,500 indirect materials. (c)...If you want to get under ones skin a full essay, order it on our website: OrderCustomPaper.com

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