Question
Question 1: Burmuda Company, which had 6,000 units in work-in-measure at January 1 that were 60% Done as to change costs. During January 20,000 units
Question 1:
Burmuda Company, which had 6,000 units in work-in-measure at January 1 that were 60%
Done as to change costs.
During January 20,000 units were done.
At January 31, 8,000 units remained in WIP which were 40% completed as to change costs.
Materials are added close to the beginning of the cycle.
Using the weighted ordinary technique,
similar units for January of progress costs
were:
a. 19,600
b. 22,400
c. 23,200
d. 25,600
Question 2:
Siri Co. had 3,000 units in work-in-measure at April 1 which were 60% completed as to change cost.
During April, 10,000 units were done.
At April 30, 4,000 units remained in work-in-measure
which were 40% completed as to change cost.
Direct materials are added at the beginning of the cycle.
What number of units were started during April?
a. 9,000
b. 9,800
c. 10,000
d. 11,000
Question3:
Bravo Co. produces a one-size fits all set up to wear outfit and uses a standard cost system.
Each unit of finished outfit contains two yards of surface that costs P75 per yard.
Taking into account association, a 20% adversity on surface info is caused.
For each unit of outfit, what is the standard material cost?
a. P180.00
b. P150.00
c. P200.00
d. P187.50
Question 4:
Dela Cruz Company uses a standard cost structure. The standard for each finished unit of
thing considers 3 pounds of plastic at P.72 per pound. During December, Dela Cruz bought
4,500 pounds of plastic at P0.75 per pound, and used 4,100 pounds in the making of
1,300 finished units of thing. What is the materials sticker price vacillation for the month
of December?
a. P123 UF
b. P117 UF
c. P150 UF
d. P135 UF
Question 5:
Which of the going with structures is obviously not a reasonable system for seeing compensation?
(a) Delivery strategy
(b) Percentage-of-finish procedure
(c) Production structure
(d) Moving fundamental design
Question 6:
During the year 2011-2012, the advantage of closing stock was twisted by ' 25,000. Which of coming up next is colossal?
(a) The cost of things sold was mutilated during 2011-2012 and pay will be restricted during 2012-2013
(b) The pay was mutilated during 2011-12 and closing stock will be contorted during 2012-2013
(c) The held pay was harmed during 2011-2012 and held benefit will be restricted during 2012-2013
(d) The cost of things sold was restricted during 2011-2012 despite held pay will not be affected during 2012-2013
Question 7:
Which of the going with works up is a misuse of oversight?
(a) Sale of ' 100 was recorded in the Purchases Journal
(b) Wages paid to Mohan have been charged to his record
(c) The by far of the business journal has not been introduced on the Sales Account
(d) Repairs to structures have been charged to structures account
Question 8:
Which of the going with affirmations is/are authentic?
(a) Entering wrongly unmatched in the associate book impacts the procedure of the Trial Balance
(b) Undercasting or overcasting of a lace book is a model or goof of commission
(c) Errors of rule don't impact the system for Trial Balance
(d) Both (b) and (c) above
Question 9:
Which of coming up next is certified?
(a) Error of projecting impacts singular records
(b) Omission of a trade from an additional record impacts only one record
(c) Error of pass on forward impacts two records
(d) Error of rule joins a misinformed piece of use or receipt among capital and pay
Question 10:
Which of the going with would cause a wreck up in the Trial Balance?
(a) Omission of recording a trade the accomplice book
(b) Compensating goofs
(c) Recording a whole which is inconceivably confusing from the certified total
(d) Wrong amounting to in an associate book
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