Ch. 4 review
Most important: product costing, the main question trying to answer is the unit cost,
They key document in a typical process costing system is the departmental production
report, prepared for each production department at the e
Managerial review ch.3&4
Normal costing v. actual
Practical v. normal v. budgeted
Many companies combine all of the firms manufacturing overhead into a signle cost pool.
Then the overhead is applied to products using a single predetermined overhead rate
ACCT 202 Pre-Quiz #3 (Ch. 16)
For the true-false questions, write T or F; for the multiple-choice questions circle the best answer.
1. A temporary difference originates in one period and reverses, or turns around, in one or more later