FinMan10e_BTest_ch18

FinMan10e_BTest_ch18 - 10th Edition FINANCIAL MANAGERIAL...

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10th Edition Warren/Reeve/Duchac Chapter Test 18B Score % Name Course Section NOTE: Each of the 40 correct answers is assigned a weight of 2½%. B
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TEST 17A (Concluded) FILL-IN-THE-BLANK—PRINCIPLES AND TERMINOLOGY—60% INSTRUCTIONS: Complete each of the following statements by writing the appropriate word or amounts in the Answers column. For Scoring Answers 0. The cost system best suited to industries that manufacture products to fill special orders from customers is a(n) _________ cost system. . . job order 0. ____ 1. The periodic report prepared for each processing department,
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summarizing (1) the units for which the department is responsible and their disposition and (2) the costs charged to the department and their allocation, is termed the . ........................................................................ 1. ____ 2. Boston Manufacturing incurred $24,000 of direct materials costs. If 800 direct materials equivalent units were manufactured, the equivalent unit cost for direct materials is _________ per unit. . ........... $ 2. ____ 3–4. The transferred costs of completed production in Department A using a process system include: 3. ................................................................................................................ 3. ____ 4. ................................................................................................................ 4. ____ 5–7. The objective of most manufacturers is to produce products with:
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TEST 17A (Concluded) 5. ................................................................................................................ 5. ____ 6. ................................................................................................................ 6. ____ 7. ................................................................................................................ 7. ____
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FinMan10e_BTest_ch18 - 10th Edition FINANCIAL MANAGERIAL...

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