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can you give all the answers thanks The weighted-average method of process costing adds the cost of all work done in the current period to
can you give all the answers thanks
The weighted-average method of process costing adds the cost of all work done in the current period to ___. A) the cost of the work done in the preceding period to the current period's beginning work-in-process inventory B) the ending work-in-process inventory C) all costs estimated to be incurred in the next department D) the cost of the work done in the preceding period to the current period's beginning work-in-process inventory Responsibility accounting includes ___. A) designing reports of measures by responsibility center B) identifying what parts of the organization have primary responsibility for each action C) developing performance measures and targets D) all of the above ___ is the delegation of decision-making power to segment managers of an organization. A) Goal congruence B) Managerial effort C) Segment contribution D) Segment autonomy In the immediate write-off approach to overhead variances, overapplied overhead is regarded as a(n). ___. A) addition to the cost of inventory B) increase in cost of goods sold C) decrease in cost of goods sold D) reduction to the cost of inventory The Reindeer Company makes mugs for which the following standards have been developed: Production of 400 mugs was expected in July, but 440 mugs were actually completed. Direct materials purchased and used were 2, 100 ounces at an actual price of $2.30 per ounce. Direct labor cost for the month was $5, 310, and the actual pay per hour was $9.00. What is the direct material price variance for July? A) $400 Unfavorable B) $630 Unfavorable C) $630 Favorable D) $400 Favorable The Violet Company makes mugs for which the following standards have been developed: Production of 400 mugs was expected in July, but 440 mugs were actually completed. Direct materials purchased and used were 2, 100 ounces at an actual price of $2.30 per ounce. Direct labor cost for the month was $5, 310, and the actual pay per hour was $9.00. What is the direct labor quantity variance for July? A) $630 Favorable B) $560 Favorable C) $560 Unfavorable D) $630 UnfavorableStep by Step Solution
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