15 14 Which of the following is not a commonly used cost accounting system Manufacturing yield costing Job order costing Process costing Activity-based costing 15. Process costing systems Are used when companies produce homogencous units Does not have work-in-process accounts for each department Does not use equivalent units of production. Track costs to individual products 16. Ir 8,000 units were in beginning inventory, 26,000 units were started, and 6,000 units were in the ending inventory, how many units were transferred out? 40,000. 26,000. 28,000. 24,000. 17. Equivalent units of production are: A measure representing the percentage of a unit's cost that has been completed. Not computed separately for each input added during production. c Not assigned to beginning work-in-process or ending work-in-process. The total units completed during the period. PROBLEMS