mutltiple choices and problem solving. please answer it. thank you in advance

Problem 4 Multiple Choice Instruction: Encircle the letter that corresponds to the letter of your choice. 1. Which of the following journal entries would be used to record direct labor costs in a company having two processing departments (Department A and Department B)? A) Work in Process Salaries and Wages Payable XXX B) Salaries and Wages Expense XXX 9/33 Salaries and Wages Payable XXX C) Work in Process-Department A XXX Work in Process-Department B XXX Salaries and Wages Payable XXX D) Salaries and Wages Payable XXX Work in Process XXX 2. Which of the following journal entries would be used to record application of manufacturing overhead to work in process in a process costing system with two processing departments, department A and department B? A) Manufacturing Overhead Work in Process-Department A XXX Work in Process-Department B XXX B) Work in Process-Department A XXX Work in Process-Department B XXX Manufacturing Overhead XXX C) Work in Process-Department B XXX Work in Process-Department A XXX Manufacturing Overhead XXX D) Work in Process-Department A XXX Work in Process-Department B XXX Manufacturing Overhead XXX 3. Costs in an operation costing system are accumulated by: A) department B) by individual job. C) by both job and departments. D) by neither job nor department. 4. A process costing system was used for a department that began operations in January Approximately the same number of physical units, at the same degree of completion were in work in process at the end of both January and February. Monthly conversion costs are allocated between ending work in process and units completed. Compared to the FIFO method, would the weighted-average method use the same or a greater number of equivalent units to calculate the monthly allocations? Equivalent units for weighted average compared to FIFO January February Same Same Greater number Greater number Greater number Same Same Greater number 5. The FIFO method provides a major advantage over the weighted-average method in that: A) the calculation of equivalent units is less complex under the FIFO method. B) the FIFO method treats units in the beginning inventory as if they were started and completed during the current period. C) the FIFO method provides measurements of work done during the current period. D) the weighted average method ignores units in the beginning and ending work in process inventories. 6. The weighted average method of process costing differs from the FIFO method of process costing in that the weighted average method: A) can be used under any cost flow assumption. B) does not require the use of predetermined overhead rates. C) keeps costs in the beginning inventory separate from current period costs. D) does not consider the degree of completion of units in the beginning work in process inventory when computing equivalent units of production. 7. Which of the following statements about process costing system is incorrect? A) In a process costing system, each processing department has a work in process account. B) In a process costing system, equivalent units are separately computed for materials and for conversion costs. C) In a process costing system, overhead can be under-or overapplied just as in job-order costing. D) In a process costing system, materials costs are traced to units of products. 8. When the weighted average method of process costing is used, a department's equivalent units are computed by: A) subtracting the equivalent units in beginning inventory from the equivalent units in ending inventory B) subtracting the equivalent units in beginning inventory from the equivalent units for work performed during the period. C) adding the units transferred out to the equivalent units in ending inventory. D) subtracting the equivalent units in beginning inventory from the sum of the units transferred out and the equivalent units in ending inventory. 9. Equivalent units for a process costing system using the FIFO method would be equal to: A) units completed during the period plus equivalent units in the ending work in process inventory B) units started and completed during the period plus equivalent units in the ending work in process inventory. C) units completed during the period and transferred out. D) units started and completed during the period plus equivalent units in the ending work in process inventory plus work needed to complete units in the beginning work in process inventory 10. Which of the following types of entities would be most likely to use a process costing system? A) a shipbuilder C) a law firm B) a furniture manufacturer D) a utility producing natural gas Problem 5 Instruction: Solve the following problem on a separate worksheet. Yabut Manufacturing has the following data for the month: Quantity data: WIP, beg (40% complete) 30,000 Started in process 90,000 WIP, end (80%) 20,000 Manufacturing costs are applied evenly throughout the process. Required: Compute for the equivalent units of production using. a. Average Method b. FIFO Method Problem 6 Instruction: Solve the following problem on a separate worksheet. Balinbin Manufacturing has the following data for the month: Quantity data: WIP, beg (20% complete) 50,000 Started in process 100,000 WIP, end (70%) 40,000 Manufacturing costs are applied evenly throughout the process. Required: Compute for the equivalent units of production using. a. Average Method b. FIFO Method Problem 7 Instruction: Solve the following problem on a separate worksheet. Purugganan Manufacturing has the following data for the month: Quantity data: WIP, beg (25% complete) 50,000 Started in process 130,000 WIP, end 60% complete) 20,000 Materials are applied using the following: 20% at the start of the process 50% when the process is 55% complete 30% when the process is 90% complete Conversion costs are applied evenly throughout the process. Required: Compute for the equivalent units of production using. a. Average Method b. FIFO Method