4.Which of the following is not included in a production cost report?

a.Costs accounted for.

b.Entries to assign cost.

c.Units accounted for.

d.Units to be accounted for.

5.Unit costs for materials and conversion costs amount to $4 and $5 respectively. The ending work in process costs for 8,000 units (100% result as to material and 70% result as to conversion costs) amount to

a.$60,000.

b.$72,000.

c.$44,000.

d.$40,000.

1. The last step in activity-based costing is to

a.identify the major activities involved in the manufacture of specific products.

b.compute the overhead rate per cost driver.

c.identify the cost driver that has a strong correlation to the costs accumulated in the cost pool.

d.assign manufacturing overhead costs for each cost pool to products.

2.Machine hours would be an accurate cost driver for

a.assembly costs.

b.inspecting costs.

c.machining costs.

d.machine setup costs.