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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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