Managerial Accounting Chapters 1-3
Managerial Accounting FHNW Quiz
Managerial Accounting FHNW Quiz
Set of flashcards Details
Flashcards | 45 |
---|---|
Language | English |
Category | Finance |
Level | University |
Created / Updated | 26.02.2020 / 30.01.2024 |
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Which of the following is not a step in preparing a production cost report?
A department has no beginning work in process, has started 80,000 units and completed 50,000 units. Its ending work in process is 30,000 units, 60% complete as to conversion costs and fully complete as to materials. Its equivalent units for conversion costs are
In process costing, the computation of unit production costs requires
Which of the following is not included in a production cost report?
Unit costs for materials and conversion costs amount to $4 and $5 respectively. The ending work in process costs for 8,000 units (100% complete as to material and 70% complete as to conversion costs) amount to