D Question 10 1 pts Which organisation is most likely to have raw materials inventory? O a retailer O a service provider O a manufacturer O a government unit D Question 9 1 pts Which of the following types of employees would most likely have their wage be classified as direct labour? O assembly line factory worker O factory maintenance worker O factory supervisor O accountant D Question 8 1 pts Materials that can be directly traced to a particular product and become an integral part of the finished product are called: O indirect materials O direct materials O product costs O supplies D Question 7 1 pts Which of the following is not a manufacturing cost? O direct labour cost O factory overhead cost O direct materials cost O administrative cost Question 6 1 pts The business had the following costs during June: Research and development 9,999 Design costs 2,327 Factory utilities 1,005 Factory depreciation 8,643 Administration depreciation 3,012 Direct materials purchased 74,945 Indirect materials used 7,621 Direct labour 99,586 Indirect labour 6,465 The inventory balances were: Beginning Ending Raw materials inventory 103 130 Work in process 674 Finished goods inventory 559 130 553 Calculate overhead costs. Question 5 1 pts The business had the following costs during June: Research and development 9,533 Design costs 3,451 Factory utilities 7,020 Factory depreciation 4,157 Administration depreciation 3,893 Direct materials purchased 98,474 Indirect materials used 9,454 Direct labour 77,050 Indirect labour 6,898 The inventory balances were: Beginning Ending Raw materials inventory 185 976 Work in process 507 Finished goods inventory 859 450 942 Calculate cost of goods sold. The business had the following costs during June: Research and development 2,509 Design costs 2,007 Factory utilities 3,667 Factory depreciation 4.697 Administration depreciation 5,942 Direct materials purchased 69,417 Indirect materials used 4,621 Direct labour 98,671 Indirect labour 1,930 The inventory balances were: Beginning Ending Raw materials inventory 671 498 Work in process 805 112 Finished goods inventory 603 831 Total inventory at the end of the year. 11:21 Exit The business had the following costs during June: 1.816 1,752 Research and development Design costs Factory utilities 3,437 Factory depreciation 7,115 Administration 47,658 depreciation Direct materials 8,492 purchased Indirect materials 98,119 used Direct labour Indirect labour 69,849 181 The inventory balances were: Ending 278 Beginning Raw materials 257 inventory Work in 4.365 process Finished goods 7,882 inventory 322 157 Calculate total period costs. 11:214 Exit D Question 2 1 pts Total inventory is 186,227. Work in process inventory is 54,496. Finished goods inventory is 4,819. How much is the raw materials inventory
