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Could you help me with my homework, thank you! [if it is a equation problem, please provide the steps] Multiple Choice O does not consider

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Could you help me with my homework, thank you! [if it is a equation problem, please provide the steps]

  • image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Multiple Choice O does not consider the degree of completion of beginning work in process inventory when computing equivalent units of production. O considers ending work in process inventory to be fully complete. O will always yield a higher cost per equivalent unit. O All of the choices are correct. The weighted-average method of process costing differs from the FIFO method of process costing in that the weighted- average method: Multiple Choice O does not consider the degree of completion of beginning work in process inventory when computing equivalent units of production. O considers ending work in process inventory to be fully complete. O will always yield a higher cost per equivalent unit. \fVignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for last year: Cost of clay used in production $62, 000 Wages paid to the workers who paint the figurines $92,000 Wages paid to the sales manager's secretary $24, 000 Cost of junk mail advertising $41, 000 What is the total of the product costs above?In a job-order costing system, indirect labor cost is usually recorded as a debit to: Multiple Choice O Manufacturing Overhead. O Finished Goods. O Work in Process. O Cost of Goods Sold.Which of the following would most likely NOT be included as manufacturing overhead in a furniture factory? Multiple Choice 42 O The cost of the glue in a chair. O The amount paid to the individual who stains a chair. O The workman's compensation insurance of the supervisor who oversees production. O The factory utilities of the department in which production takes place.Saved Help Under a job-order costing system, the dollar amount transferred from Work in Process to Finished Goods is the sum of the costs charged to all jobs: Multiple Choice O started in process during the period. O in process during the period. O completed and sold during the period. completed during the period.When computing the cost per equivalent unit, the weighted-average method of process costing considers: Multiple Choice O costs incurred during the current period only. O costs incurred during the current period plus cost of ending work in process inventory. O costs incurred during the current period plus cost of beginning work in process inventory. O costs incurred during the current period less cost of beginning work in process inventory.\fThe following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,136. A total of 33 direct labor-hours and 270 machine-hours were worked on the job. The direct labor wage rate is $21 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $25 per machine-hour. The total cost for the job on its job cost sheet would be: Multiple Choice O $6,535 O $9,579 O $6,954

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