Used to record the cost of materials not yet put into production:

Select one:

a.Raw materials inventory

b.Work-in-process inventory

c.Finished goods inventory

d.Cost of goods sold

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Used to record product costs associated with incomplete goods in the production process:

Select one:

a.Raw materials inventory

b.Work-in-process inventory

c.Finished goods inventory

d.Cost of goods sold

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Used to record product costs associated with goods that are sold:

Select one:

a.Raw materials inventory

b.Work-in-process inventory

c.Finished goods inventory

d.Cost of goods sold

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Used to record product costs associated with goods that are and ready to sell:

Select one:

a.Raw materials inventory

b.Work-in-process inventory

c.Finished goods inventory

d.Cost of goods sold

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A total of 12,500 units of product remain in the Assembly department at the end of the year. Direct materials are 75 percent and direct labor is 35 percent complete. Calculate the equivalent units in the Assembly department for direct materials.

Select one:

a.8,000 direct materials equivalent units

b.9,375 direct materials equivalent units

c.4,375 direct materials equivalent units

d.9,000 direct materials equivalent units

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A total of 12,500 units of product remain in the Assembly department at the end of the year. Direct materials are 75 percent and direct labor is 35 percent complete. Calculate theequivalent units in the Assembly department for direct labor

Select one:

a.8,000 direct labor equivalent units

b.9,375 direct labor equivalent units

c.4,375 direct labor equivalent units

d.9,000 directlabor equivalent units