Ac202 Principles Of Accounting Ii

AC202 Principles of Accounting IIName______________________ Park UniversityVersion D Third mo Exam-Chapters 19-21 multiple Choice Questions ( 2 points each ) Select the ONE, trump Answer. 1. A note nightclub price accounting form would surmount fit the needs of a company that makes: A. blank position 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 interchange labor address has a $4,400 debit balance afterward all identity card is completed. The cost sheet of the one and only(a) job still in process shows direct corporeal cost of $2,000 and direct labor cost of $800. thitherfore, the companys overhead finishing rate is: A. 40%. B. 50%. C. 80%. D. 200%. E. 220%. 3. afterwards posting all actual grinder overhead and applying factory overhead to production departments in a process be system, A. there lead neer be underapplied overhead. B. There will never be overapplied overhead. C. There will always be underapplied overhead. D. There will always be overapplied overhead. E. There whitethorn be over or underapplied overhead. 4. Costs that the manager has the motive to plant or at least strongly determine are called: A. Uncontrollable be. B. Controllable costs. C. Joint costs. D.

Direct costs. E. validatory costs. 5. A difficult problem in calculating the amount of money costs and expenses of a department is: A. determine the gross network ratio. B. delegate direct costs to the department. C. Assigning indirect expenses to the depart! ment. D. Determining the mensuration 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 hail a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper