ACCT 344 Cost Accounting

ACCT 344 Week 8 Final Exam Question 1 TCO 2 Which cost is NOT a period cost Question 2.2. (TCO 2) Which product would use job-order costing? (Points : 5) Question 3.3. (TCO 3) As production occurs, materials, direct labor, and applied manufacturing overhead are recorded in (Points : 5) Question 4.4. (TCO 8) A company keeps 60 days of materials inventory on hand to avoid shutdowns due to materials shortages. Carrying costs average $5,000 per d

30 Other / Other Devry University / ACCT 344 16 Oct 2015

ACCT 344 Week 5 Quiz 1 Question TCO 7 A common cost occurs 2. Question: (TCO 7) Which would be the most appropriate base for allocating the costs of the housekeeping department? 3. Question: (TCO 7) The Ruling Company assigns plant administration costs to the production departments based on the number of employees. Which would NOT be a good combination of common costs with an activity driver? 4. Question: (TCO 7) Joint costs are allocated bec

8 Other / Other Devry University / ACCT 344 16 Oct 2015

ACCT 344 Week 2 Quiz 1 Question TCO 3 The appropriate cost accounting system to use when inventory items are produced on an assembly line is 2. Question: (TCO 3) As production occurs, materials, direct labor, and applied manufacturing overhead are recorded in 3. Question: (TCO 3) “Equivalent units” expresses all activity of the period in terms of 4. Question: (TCO 3) Holly Inc. manufactures dolls. The following data were provided

8 Other / Other Devry University / ACCT 344 16 Oct 2015