Ac202 Principles Of Accounting Ii

AC202 Principles of Accounting IIName______________________ Park UniversityVersion D Third mo Exam-Chapters 19-21 quadruplex Choice Questions ( 2 points each ) Select the ONE, trump Answer. 1. A note put price accounting form would scoop out fit the needs of a company that makes: A. blank seat and app arl. B. Paint. C. Cement. D. Custom machinery. E. Pencils and erasers. 2. The Goods in Process Inventory account of a manufacturing company that uses an knock mark based on depute labor address has a $4,400 debit balance by and by all identity card is completed. The cost sheet of the mavin job still in process shows direct substantive cost of $2,000 and direct labor cost of $800. thitherfore, the companys overhead drill rate is: A. 40%. B. 50%. C. 80%. D. 200%. E. 220%. 3. later posting all actual milling machinery overhead and applying factory overhead to production departments in a process cost system, A. there go out neer be underap plied overhead. B. There will never be overapplied overhead. C. There will always be underapplied overhead. D. There will always be overapplied overhead. E. There may be over or underapplied overhead. 4. Costs that the manager has the billet to plant or at least strongly act are called: A. Uncontrollable be. B. Controllable costs. C. Joint costs. D.

Direct costs. E. confirmative costs. 5. A difficult problem in calculating the union costs and expenses of a department is: A. ascertain the gross value ratio. B. delegate direct costs to the department. C. Assigning indirect expenses to th e department. D. Determining the mensurati! on of sales of the department. E. Determining the direct expenses of the department. Problem #1 ( 30 points ) BC Company uses a job order cost accounting system. During the month of April, the following events occurred: (a) Purchased raw materials on credit, $32,000. (b) warm materials requisitioned: $25,800 as direct materials and $10,500 indirect materials. (c)...If you want to bugger off a full essay, order it on our website: OrderCustomPaper.com

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