MAE produces biscuits and uses process costing systems. MAE wants to know Equivalent unit calculations are necessary to allocate manufacturing costs between:

Select one:

a.Cost of goods manufactured and cost of goods sold.

b.Cost of goods manufactured and ending work in process.

c.Beginning work in process and units completed.

d.Cost of goods manufactured and beginning work in process.

e.Cost of goods sold and ending work in process.

XYYis considering to adopt an activity based costing systems. They combines all manufacturing overhead into a single cost pool and allocates this overhead to products by using machine hours. Activity-based costing would likely show that with XYY's current procedures

Select one:

a.the company's low-volume products are overcosted.

b..the company's high-volume products are overcosted.

c.all of the company's products are undercosted.

d.all of the company's products are overcosted.

e.the company's high-volume products are undercosted.