12500 at the end of the month there are 200 units

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$12500. At the end of the month, there are 200 units still in process which are 50% complete. The ending balance in Goods in Process Inventory is _ $2000 The journal entry to record the use of indirect materials in process cost accounting is to: When comparing the weighted-average and FIFO methods of process costing, which items are the same in both methods? 3) Journal Entry Accounts Consider a manufacturing company that has three specific processes. Indicate if each cost in a process cost accounting system will be considered direct or indirect in relation to a specific process. Direct > Depreciation on a machine used by Process 2 Indirect > Depreciation on a machine used by Processes 1 and 3 Indirect > Factory supervisor's salary Direct >Salary of the supervisor Process 1 List the four steps involving analysis when accounting for a department's activity, with the first step listed on top. 4) Cost assignment and reconciliation The journal entry to record the transfer of completed goods in process to finished goods in cost accounting is to: The journal entry to record the transfer of sold goods in process accounting is to: A company using process operations started and process 400 units in its first department. The units are 40% complete with respect to materials and 25% complete with respect to labor and overhead. The EUP for labor and overhead rate is _ units True or False: Using the weighted-average method, the computation of EUP separates units in beginning inventory from those started during the period; therefore, costs must also be separated. The journal entry to record the use of *direct labor in process cost accounting is a(n): The journal entry to record the use of *direct labor in process cost accounting is to: The journal entry to record the purchase of materials on account in process cost accounting is a(n): A company completes 21000 units this month and has ending goods in process inventory of 3000 units which are estimated to be 40% complete. Total production costs are $666000. The cost of ending Goods in Process Inventory is $_ $36000 Companies trying to standardize processes while attempting to met individual customer needs will most likely use which type system?

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