23. Three types of costs are accumulated on job-cost records that include direct materials, ________ and ________. A) direct labor; applied factory overhead B) direct labor; actual factory overhead C) variable factory overhead; fixed factory overhead D) direct labor; budgeted factory overhead

24. A company uses job-order costing. At the end of the year, applied factory overhead costs were $10,000 and actual factory overhead costs were $12,000. The company uses the immediate write-off method to dispose of variances. Which of the following journal entries is necessary under the immediate write-off method? A) Factory Department Overhead Control $2,000 Cost of Goods Sold $2,000 B) Factory Department Overhead Control $2,000 Finished Goods Inventory $2,000 C) Cost of Goods Sold $2,000 Factory Department Overhead Applied $2,000 D) Cost of Goods Sold $2,000 Factory Department Overhead Control $2,000

25. Dewey Company produces plastic cups in a one-department process. The following data is available for the past month:

Work-in-process inventory, beginning 0 Units started 60,000 Units completed and transferred 50,000 Work-in-process inventory, ending 10,000

The units in process at the end of the month are 100 percent complete with respect to materials and 75 percent complete with respect to conversion costs. What are the equivalent units for conversion costs for the month? A) 12,000 B) 30,000 C) 54,000 D) 57,500