11) Using the information below for Singing Dolls, Inc., determine the total manufacturing costs incurred during the year:

Work in Process, January 1	$	52,600
Work in Process, December 31		38,300
Direct materials used		13,800
Total Factory overhead		6,800
Direct labor used		27,800

Multiple Choice

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$14,300.

$101,000.

$62,700.

$94,200.

$48,400.

12)Using the information below, compute the raw materials inventory turnover:

Raw Materials Used	$	121,600
Beginning Raw Materials Inventory		18,000
Ending Raw Materials Inventory		20,200

Multiple Choice

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6.76.

6.02.

54.0.

60.6.

6.37.

13)Newly completed units are combined with beginning finished goods inventory to make up total ending work in process inventory.

True or False

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14)Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:

Direct materials used	$	19,000
Direct labor used		24,500
Factory overhead		55,100
Beginning work in process		10,700
Ending work in process		11,300

Multiple Choice

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$98,600.

$43,500.

$98,000.

$42,900.

$79,000.

15)The management concept of customer orientation motivates a company to spend large amounts on advertising to convince customers to buy the company's standard products.

True or False

16)Calculate the cost of goods sold using the following information:

Direct materials	$	298,500
Direct labor		132,000
Factory overhead costs		264,000
General and administrative expenses		85,500
Selling expenses		48,800
Work in Process inventory, January 1		118,500
Work in Process inventory, December 31		125,900
Finished goods inventory, January 1		232,100
Finished goods inventory, December 31		238,700

Multiple Choice

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$680,500.

$701,900.

$687,100.

$674,600.

$772,600.

17)A job order production system would be appropriate for a company that produces which one of the following items?

Multiple Choice

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A landscaping design for a new hospital.

Seedlings for sale in a nursery.

Sacks of yard fertilizer.

Packets of flower seeds.

Small gardening tools, including rakes, shovels, and hoes.

18)If overhead applied is less than actual overhead incurred, it is:

Multiple Choice

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Fully applied.

Underapplied.

Overapplied.

Expected.

Normal.

19)The amount by which overhead incurred during a period exceeds the overhead applied to jobs is:

Multiple Choice

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Balanced overhead.

Predetermined overhead.

Actual overhead.

Underapplied overhead.

Overapplied overhead.

20)When Factory Wages Payable costs for labor are allocated in a job cost accounting system:

Multiple Choice

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Factory Wages Payable is debited and Work in Process Inventory is credited.

Work in Process Inventory and Factory Overhead are debited and Factory Wages Payable is credited.

Cost of Goods Manufactured is debited and Direct Labor is credited.

Direct Labor and Indirect Labor are debited and Factory Wages Payable is credited.

Work in Process Inventory is debited and Factory Overhead is credited.