_______1. In job-order costing, all the activity in the WIP account is generally reported in the

1. The Cost of Goods Manufactured statement
2. The Materials Requisition form
3. The Cost of Goods Sold statement
4. The Income Statement
5. None of the above

_______2. A materials requisition form is typically used to

1. Apply indirect materials overhead to a job
2. Purchase materials
3. Issue materials to a WIP account
4. Clean the windows of the production managers car
5. None of the above

_______3. A debit entry to the overhead control account represents

A. Applied overhead costs

B. Actual overhead costs

C. Cash paid for overhead costs

4. All of the above
5. None of the above

_______4. The Cost of Goods Sold statement is essentially an analysis of

1. Production costs incurred only in the current period
2. Depreciation
3. The WIP account
4. The FG account
5. None of the above

_______5. Equivalent units represent

1. The amount of direct materials included in units completed and transferred out
2. The number of units that would have been completed if they were worked on one at a time
3. The average number of units completed each period
4. The total number of units available for completion in a given period
5. None of the above