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A chewing gum manufacturer would use:

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a.job costing

b.process costing

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A custom automobile restorer would use:

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a.job costing

b.process costing

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A facial tissue manufacturer would use:

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a.job costing

b.process costing

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An accounting services provider would use:

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a.job costing

b.process costing

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An electrical services provider would use:

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a.job costing

b.process costing

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A pool builder would use:

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a.job costing

b.process costing

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A cereal producer would use:

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a.job costing

b.process costing

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An architectural design provider would use:

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a.job costing

b.process costing

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A university has 500 students enrolled in classes. Each student attends school on a part-time basis. On average, each student takes three-quarters of a full load of classes. Calculate the number of full-time equivalent students (i.e., calculate the number of equivalent units).

Select one:

a.37,500 students

b.66.6 students

c.375 students

d.333 students

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A total of 10,000 units of product remain in the Assembly department at the end of the year. Direct materials are 80 percent and direct labor is 40 percent complete. Calculate the equivalent units in the Assembly department for direct materials.

Select one:

a.400 direct materials equivalent units

b.8,000 direct materials equivalent units

c.4,000 direct materials equivalent units

d.800 direct materials equivalent units

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A total of 10,000 units of product remain in the Assembly department at the end of the year. Direct materials are 80 percent and direct labor is 40 percent complete. Calculate the equivalent units in the Assembly department for direct labor.

Select one:

a.400 direct labor equivalent units

b.8,000 direct labor equivalent units

c.4,000 direct labor equivalent units

d.800 direct labor equivalent units

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A local hospital has 60 nurses working on a part-time basis. On average, each nurse works two-thirds of a full load. Calculate the number of full-time equivalent nurses (i.e., calculate the number of equivalent units).

Select one:

a.40 nurses

b.20 nurses

c.33 nurses

d.27 nurses