Question
Please send ASAP....thank you! This is TRUE/FALSE and MULTIPLE CHOICE 1) The three manufacturing costs are direct labor, material and mfg overhead (TRUE/ FALSE) 2)
Please send ASAP....thank you!
This is TRUE/FALSE and MULTIPLE CHOICE
1) The three manufacturing costs are direct labor, material and mfg overhead
(TRUE/ FALSE)
2) What is used to record costs assigned to a job?
a. job cost sheet
b. material order sheet
c. excel spreadsheet
3) maintenance, supervision are direct labor costs (TRUE/ FALSE)
4) materials used on a job are written on which of the following
a. bill of materials
b. material requisition form
c. production order
d. No answer text provided.
5) manufacturing overhead is a direct cost
(TRUE/ FALSE)
6) total fixed manufacturing overhead remains constant within the relevant range
(TRUE/ FALSE)
7) machine hours is an allocation base for pre determined rate calculations
(TRUE/ FALSE)
8) the pre determined rate is based upon which of the following as it relates to the type of data used.
a. actual data
b. estimates
c. hybrid
d. none of the above
9) overhead applied to a job is which of the following
a. pre determined rate x actual hours
b. predetermined rate x estimated hours
c. none of the above
d. No answer text provided.
10) applying overhead to a job using pre determined rates is
prevalent in a normal costing system
(TRUE/ FALSE)
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