4.) A company's beginning work in process inventory consisted of 20,000 units that were 1/5 complete with respect to direct labor. These beginning units were completed and another 90,000 units were started during the current period Of those started, 60,000 were finished and the remaining 30,000 were one-third complete at the end of the period. Using the weighted-average method, the equivalent units of production were A 76,000 B 86,000 C. 74.000 D. 60,000 E. 90,000 5. Which of the following is not one of the four steps in accounting for production activity in a A. Determine cost per equivalent unit. B. Prepare a cost reconcliation. C. Analyze the physical fow of units D. Determine over-or underapplied overhead E. Analyze equivalent units 6. A cost pool is a collection of costs that are related to the same or similar activity True False 7-8. When operating leverage isa_ percentage increase in sales rest a- in a much -ih operating income. (8) si pt (8)% pt (each blank is 1/2 point Ridley Company estimates that overhead costs for the next year will be $6.870,000 for indirect labor and $450,00o utilities. The company uses machine hours as its overhead allocation base. It 160,000 machine hours are for factory planned for this next year, what is the company's plantwide overhead rate? A. $3555 per machine hour. B. $.02186 per machine hour C. $42.9375 per machine hour D. $2.8125 per machine hour E. $45.75 per machine hour 10. Curvilinear costs always increase A With decreases in volume B. When management performs break-even analysis. C. On a per unit basis when volume of activity goes down. D. When volume increases but not at a constant rate. E. In constant proportion to changes in production levels Machine setup costs are an example of a batch level activity. True False 11