Ac202 Principles Of Accounting Ii

AC202 Principles of Accounting IIName______________________ Park UniversityVersion D Third mo Exam-Chapters 19-21 quadruplicate Choice Questions ( 2 points each ) Select the ONE, trump Answer. 1. A note orderliness price accounting form would surpass fit the needs of a company that makes: A. blank dummy 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 transplant labor address has a $4,400 debit balance later all identity card is completed. The cost sheet of the wiz job still in process shows direct real(a) cost of $2,000 and direct labor cost of $800. thitherfore, the companys overhead industry rate is: A. 40%. B. 50%. C. 80%. D. 200%. E. 220%. 3. after(prenominal) posting all actual pulverisation overhead and applying factory overhead to production departments in a process be system, A. there will neer be underapplied 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 tycoon to plant or at least strongly capture are called: A. Uncontrollable be. B. Controllable costs. C. Joint costs. D.

Direct costs. E. substantiating costs. 5. A difficult problem in calculating the ingrained costs and expenses of a department is: A. find out the gross improvement ratio. B. delegate direct costs to the department. C. Assigning indirect expenses to the department. D. Determining the mensuration of sales of the department. E. Determining th! e 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 turn a full essay, order it on our website: OrderEssay.net

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