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1 3 4 5 6 Overhead cost accounting in manufacturing entities: a. is not involved in producing information for external users b. uses data from

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Overhead cost accounting in manufacturing entities: a. is not involved in producing information for external users b. uses data from the general ledger does not need to comply with Australian accounting standards d. all of the above c. 2. Indirect materials include: a. materials that are incorporated into the finished product b. materials required for the production process, which do not become an integral part of C. direct materials that are so insignificant in cost that it becomes unimportant to trace th d. materials required for the production process, which do not become an integral part of a. 3. Redline manufactures road and mountain bikes. Which of the following is an indirect cost? The costs of wheels b. The wages of the Chief Accountant C. The salary of the manufacturing manager d. None of the above 4. Refer to the following data Direct material purchased Selling costs Indirect manufacturing labour Head office administrative costs Depreciation on factory equipment Direct labour Direct material used Indirect materials $ 150,000 S 5,000 S 7.000 $ 10,000 $ 20,000 $ 40.000 5 120,000 5 45.000 The inventoriable costs are: a. 5282,000 b. $312,000 5532,000 d. $347,000 5. Total costs are $18,000 when 9,000 units are made of this amount, fixed costs are 513500 What are the total costs when 18.000 units are produced $ 18,000 b $ 27,000 5 22.500 d $ 36,000 + 6. The following data apply to Door Manufacturing Pty Ltd Direct materials inventory beginning of the year Direct material inventory, end of year Direct materials purchased during the year $3,000 $5.500 555.000 Calculate the amount of direct materials used during the year 536,500 D $42.500 $57.500 d 552,500 stal overhead cost

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