5) Fun Stuff Manufacturing produces frisbees using a threeminusstep sequential process that includes molding, coloring and finishing. When the frisbees and associated costs are transferred from the molding process to the coloring process, which account is debited? A. WIP Inventorylong dashFinishing B. WIP InventoryminusColoring C. Raw Materials Inventory D. WIP InventoryminusMolding

6)The entry to record the use of direct materials in production would include a A. debit to Raw Materials Inventory. B. debit to WIP Inventory. C. credit to Finished Goods Inventory. D. debit to Finished Goods Inventory .

9)Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process. Beginning WIP Inventory 9,000 units Transferredminusin costs in beginning WIP Inventory $98,000 Direct materials costs in beginning WIP Inventory 25,600 Conversion costs in beginning WIP Inventory $23,750 Units transferredminusin 47,000 units Transferredminusin costs $645,000 Units completed 43,000 Costs added: materials $155,040 Costs added: conversion $230,710 Ending WIP Inventory 13,000 units (50% complete for materials and 40% complete for conversion) What would have been the journal entry to record the transfer of product from the assembly department to the Shaping Department? A. WIPlong dashShaping (Dr); WIPlong dashAssembly (Cr) 645,000 B. WIPlong dashAssembly (Dr); WIPlong dashShaping (Cr) 728,000 C. WIPlong dashAssembly (Dr); WIPlong dashShaping (Cr) 645,000 D. WIPlong dashShaping (Dr); WIPlong dashAssembly (Cr) 728,000

12) A shampoo manufacturer offers the following information: WIP Inventory, January 1 0 units Units started 25,600 units Units completed and transferred out 19,200 units WIP Inventory, December 31 6,400 units Direct materials $276,480 Direct labor $585,000 Manufacturing Overhead $328,920 The units in ending WIP Inventory were 60% complete for materials and 40% complete for conversion costs. On December 31, what is the total cost of units completed and transferred? A. $1,036,800 B. $853,527 C. $1,071,254 D. $1,050,353

15)A tennis ball maker gives us its data for the year: WIP Inventory, January 1 0 units Units started 8,500 units Units completed and transferred out 5,600 units WIP Inventory, ending 2,900 units Direct materials $14,778 Direct labor $6,500 Manufacturing Overhead $5,611 Units in ending WIP Inventory were 90% complete for materials and 60% complete for conversion costs. On December 31, the cost per equivalent unit for direct materials would be closest to A. $1.65. B. $2.01. C. $1.80. D. $1.33. 17)A tennis ball maker gives us its data for the year: WIP Inventory, January 1 0 units Units started 8,500 units Units completed and transferred out 5,600 units WIP Inventory, ending 2,900 units Direct materials $14,778 Direct labor $6,500 Manufacturing Overhead $5,611 Units in ending WIP Inventory were 90% complete for materials and 60% complete for conversion costs. On December 31, the total cost of the units in ending WIP would be closest to A. $6,239. B. $10,005. C. $7,569. D. $19,320.

19)The following information is provided by Zander Corporation: WIP Inventory, January 1 0 units Units started 14,000 Units completed and transferred out 9,000 WIP Inventory, December 31 5,000 Direct materials $28,200 Direct labor $18,000 Manufacturing Overhead $7,500 The units in ending WIP Inventory were 80% complete for materials and 45% complete for conversion costs. At the end of the year, what are the equivalent units for conversion costs? A. 11,250 B. 6,300 C. 2,250 D. 9,000

22)There are a total of 14,000 students at a school. Eighty percent of them go full time at 16 hours per term. Ten percent take a halfminusload of 8 hours per term, and ten percent take a threeminusquarter load of 12 hours per term. What is the equivalent number of fullminustime students? A. 1,750 B. 11,200 C. 12,950 D. 14,000

55)James Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $35 per machine hour, while the Sanding Department uses a departmental overhead rate of $20 per direct labor hour. Job 603 used the following direct labor hours and machine hours in the two departments: Actual results Assembly Department Sanding Department Direct labor hours used 8 5 Machine hours used 10 7 The cost for direct labor is $30 per direct labor hour and the cost of the direct materials used by Job 603 is $1,400. What was the total cost of Job 603 if James Industries used the departmental overhead rates to allocate manufacturing overhead? A. $1,790 B. $2,240 C. $2,170 D. $1,850

56)Ryan Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Ryan's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $52 per machine hour, while the finishing department uses a departmental overhead rate of $28 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments: Actual results Casting Department Finishing Department Direct labor hours used 5 12 Machine hours used 4 3 The cost for direct labor is $32 per direct labor hour and the cost of the direct materials used by Job A216 is $1,800. How much manufacturing overhead would be allocated to Job A216 using the departmental overhead rates? A. $1,360 B. $454 C. $544 D. $596

57)Ryan Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Ryan's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $52 per machine hour, while the finishing department uses a departmental overhead rate of $28 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments: Actual results Casting Department Finishing Department Direct labor hours used 5 12 Machine hours used 4 3 The cost for direct labor is $32 per direct labor hour and the cost of the direct materials used by Job A216 is $1,800. What was the total cost of Job A216 if Ryan Fabrication used the departmental overhead rates to allocate manufacturing overhead? A. $2,940 B. $2,344 C. $2,434 D. $2,888