Question
Annita Di is reviewing the cost structure of different products. The following information relate a product. Work in Process Inventory, beginning of the year$ 9,000
Annita Di is reviewing the cost structure of different products. The following information relate a product. Work in Process Inventory, beginning of the year$ 9,000 Manufacturing overhead applied during the year$20,000 Work in Process Inventory, end of the year$14,000 Under-applied Manufacturing overhead$ 2,000 What was the actual manufacturing overhead incurred during the year?
a.
$24,000.
b.
$22,000.
c.
$20,000.
d.
$18,000.
e.
Cannot be calculated with the information given.
BTC Company reported the following cost information
| Cost | 5,000 units of production | 7,500 units of production |
| A | $10,000 | $15,000 |
| B | $20,000 | $20,000 |
| C | $20,000 | $25,000 |
| D | $25,000 | $37,500 |
Which of the costs would be classified as mixed (both fixed & variable costs)?
a.
C only
b.
A, C and D only
c.
A nd D only
d.
C and D only
e.
Insufficient information & cannot be ascertained
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Ethics And The Internal Auditors Political Dilemma Tools And Techniques To Evaluate A Companys Ethical Culture Internal Audit And IT Audit
Authors: Lynn Fountain
1st Edition
149876780X, 978-1498767804
