1) Process costing would not be used by which of the following companies?

A. Jelly Belly, manufacturer of jelly beans and other candy

B.SherwinWilliams,manufacturer of paint and stains

C.CocaCola,soft drink manufacturer

D.American Custom Yachts, Inc., manufacturer of custom yachts2) Flying High Manufacturing produces frisbees using a threestep sequential process that includes molding, coloring and finishing. When the frisbees and associated costs are transferred out of the coloring process and into the finishing

process, the journal entry would include a

A. debit to WIPInventoryFinishingand a credit to WIPInventoryColoring.

B.debit to Finished Goods Inventory and a credit to WIP InventoryColoring.

C.debit to WIPInventoryColoringand a credit to Finished Goods Inventory.

D.debit to WIPInventoryColoring and a credit to WIPInventoryFinishing.