Question
Rex Company Ltd had 4000 units in work in process at 1 April. During April, 11 000 units were completed. At 30 April, 5000 units
Rex Company Ltd had 4000 units in work in process at 1 April. During April, 11 000 units were completed. At 30 April, 5000 units remained in work in process. How many units were started during April?
Select one:
11 000
5 000
12 000
16 000
Clear my choice
Question30
Softcloth Textile Pty Ltd manufactures a variety of fabrics. The Weaving Department had 1000 units in work in process on April 1, which were 20 per cent as to conversion costs. During April, 8000 units were completed and transferred. On April 30, 4000 units remained in work in process 50 per cent as to conversion costs.
Using the weighted average method process costing, calculate the equivalent units of conversion for the month of April.
Select one:
12 000
9 000
9 800
10 000
Clear my choice
Question31
A volume-based cost driver is a cost driver that assumes that costs are driven by the volume of sales or production.
Select one:
True
False
Question32
Therelationship between a cost and the level of activity is known as the cost behaviour.
Select one:
True
False
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