Multiple Choice
Match each phrase that follows with the term (a-h) it describes.
-Measure of the work done during a production period, expressed in terms of fully complete units of output
A) Direct labor and factory overhead
B) Direct labor and direct materials
C) Transferred-in costs
D) Equivalent units
E) Process costing
F) Job order costing
G) First-in, first-out method
H) Cost of production report
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following measures would not
Q3: The debits to Work in Process-Assembly Department
Q4: Custom-made goods would be accounted for using
Q5: The number of equivalent units of production
Q6: The journal entry to record the flow
Q8: All of the following are characteristics of
Q9: Process and job order cost systems are
Q10: Use this information about Super Co. to
Q11: Match each phrase that follows with the
Q12: According to lean manufacturing,<br>A) finished goods should