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Please answer the following question. Explain answer if you can for the true and false. ACCT-212 Assignment #2 Answer True or False for the following:

Please answer the following question. Explain answer if you can for the true and false. image text in transcribed
ACCT-212 Assignment #2 Answer True or False for the following: Actual manufacturing costs are recorded as a credit under the manufacturing overhead T-account. The journal entry to record issuance of direct materials includes a debit to manufacturing overhead. Work in Process is debited when recording direct labor incurred. 150 completed units equal 150 equivalent units. 300 units at 10% complete equals 300 equivalent units. Complete each of the following statements with the term job order costing or the term process costing: is used by companies that produce small quantities of many different products. b. Atlantic Pacific pulverizes wood into pulp to manufacture cardboard. The company uses a system. c. To record costs of manufacturing thousands of identical files, the file manufacturer will use a system. d. Companies that produce large numbers of identical -systems for product costing. e. The computer repair service that visits your home and repairs your computer uses a system f. Apple assembles electronic parts and software to manufacture millions of iPods. Apple uses a system. g. Textbook publishers produce titles of a particular book in batches. Textbook publishers use a _system. h. A company that bottles milk into one-gallon containers uses system. i. A company that makes large quantities of one type of tank less hot water heater uses a system. j. A particular governmental agency takes bids for specific items it utilizes. Each item requires a separate bid. The agency uses a system

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