1 - There are 5,000 units of product processed by the production department of Kilang AA. However, only 3,000 units are completed while 2,000 units more are categorised as partially completed at 40% completion rate.

Equivalent unit for Kilang AA?

A. 3,800 units

B. 3,000 units

C. 5,000 units

2- Which business uses process costing system in determining its product cost?

A. Wedding planner

B. Bank

C. Tailoring shop

3- Which journal entry is used to record the labour costs of a particular job in the job order costing system?

A.

Dt CashXX

Ct Work in processXX

B.

Dt Work in processXX

Ct Salary payableXX

C.

Dt Salary payableXX

Ct Work in processXX

4- Which feature is relevant to process costing system?

A. Products are prepared based on customers' demand

B. Products are homogeneous

C. Products are prepared in small bataches

5- What is the journal entry to record for a purchase of material costing RM70 from Temah using a cheque under the process costing method?

A.

Dr Material70

Cr Purchase70

B.

Dr Material70

Cr Temah70

C.

Dr Material70

Cr Bank70