Em #1 of 13 When using the cost of production report to analyze the change in direct materials cost per equivalent unit, an investigation may reveal that direct materials costs O a. will never decrease due to the way the cost is calculated. O b. will never increase due to the way the cost is calculated. c. may increase or decrease between periods, depending on the fluctuation of the cost of the direct materials Od. will only increase if conversion costs increase as well. 10 11 12 I'm Done roblem #2 of 13 In a process cost system, the amount of work in process inventory at the end of a period is valued by a. summing estimated costs budgeted for the inventory during the period. b. summing the costs remaining in each department account at the end of the period. O c. summing all actual costs that flowed through the department from the beginning to the end of the period. Od. summing direct labor costs for the period. 3 12 The journal entry to record applied factory overhead includes a(n) a. Increase to Factory Overhead. O b. decrease to Work in Process. O c. decrease to Factory Overhead. O d. increase to Wages Payable. blem #4 of 13 The yield is the ratio of a. materials costs to equivalent units. Ob. the quantity of materials input to the quantity of materials output. O c. the quantity of materials output to the quantity of materials input. d. materials costs to conversion costs. 0 12 #5 of 13 In the manufacture of 10,000 units of a product, direct materials cost incurred was $135,700, direct labor cost incurred was $82,000, and applied factory overhead was $37.500. What is the total conversion cost? O a. $255,200 b. $119,500 O c. $135,700 O d. $82,000 10