Multiple Choice
Highlighter Company manufactures phones in a two-department process that involve Assembly and Finishing.The Assembly Department reported the follow data for the past month:
The partially complete units at the end of the month were 100 percent complete with respect to materials and 75 percent complete with respect to conversion costs.The ending balance in Work-in-Process Inventory,Assembly is ________.
A) $140,160
B) $168,960
C) $862,848
D) $887,040
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Trout Company manufactures greeting cards.Material is introduced
Q32: Flat Company uses a backflush-costing system to
Q33: The manufacturing costs of the Assembly Department
Q34: Bruce Company uses job-order costing.The company has
Q35: Managers need to know product costs to
Q37: Actual factory overhead costs are Depreciation expense--equipment
Q38: Splitsville Company has two departments.Factory overhead costs
Q39: Michelangelo's Pizza Company makes pizzas.The company uses
Q40: In job-order costing,a debit to Direct-Materials Inventory
Q41: Chemical and oil companies normally use process