Colby Company has a process costing system in which the weighted-avera

1.Lucas Corporation uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows: Units MaterialsCost Work in process on October 1 6,000 $ 3,000 Units started during October 50,000 $ 25,560 Units completed and transferred to the next Department during October 44,000 What was the materials cost of work in process at October 31? 选项：A、$3,060B、$5,520C、$6,000D、$6,120

2.Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process 6,000 Percent complete with respect to materials 60 % Percent complete with respect to conversion 20 % Costs in the beginning inventory: Materials cost $ 78,200 Conversion cost $ 3,600 Units started during the month ? Units completed and transferred out during the month 70,000 Costs added to production during the month: Materials cost $ 286,600 Conversion cost $ 216,000 Work in process, ending: Units in process 8,000 Percent complete with respect to materials 75 % Percent complete with respect to conversion 25 % How much cost, in total, was assigned to the units transferred out to the next department during the month? 选项：A、$549,500B、$584,400C、$502,600D、$535,000

3.Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process 6,000 Percent complete with respect to materials 60 % Percent complete with respect to conversion 20 % Costs in the beginning inventory: Materials cost $ 78,200 Conversion cost $ 3,600 Units started during the month ? Units completed and transferred out during the month 70,000 Costs added to production during the month: Materials cost $ 286,600 Conversion cost $ 216,000 Work in process, ending: Units in process 8,000 Percent complete with respect to materials 75 % Percent complete with respect to conversion 25 % What was the cost per equivalent unit for conversion during the month? 选项：A、$5.45B、$6.95C、$4.00D、$3.05

4.The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent units for conversion costs for November in a particular department. There were 4,000 units in the ending work in process inventory on November 30 which were 60% complete with respect to conversion costs. The November 1 work in process inventory consisted of 5,000 units which were 40% complete with respect to conversion costs. A total of 22,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was: 选项：A、22,000 unitsB、17,000 unitsC、26,000 unitsD、21,000 units

5.Nabais Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below: Units Percent Complete withRespect to Conversion Beginning work in process inventory 3,300 80 % Transferred in from the prior department during October 30,700 Completed and transferred to the next department during October 32,200 Ending work in process inventory 1,800 60 % What were the equivalent units for conversion costs in the Lubricating Department for October? 选项：A、31,780B、33,280C、32,200D、29,200

6.Vallin Manufacturing Corporation's beginning work in process inventory consisted of 10,units, complete with respect to materials cost and complete with respect to conversion costs. The total cost in the beginning inventory was $56,During the month, 60,units were transferred out. The equivalent unit cost was computed to be $4.for materials and $5.for conversion costs under the weighted-average method. Given this information, the total cost of the units completed and transferred out was: 选项： A、$384,000 B、$456,000 C、$570,000 D、$385,600

7.Janner Corporation uses the weighted-average method in its process costing system. Operating data for the Painting Department for the month of April appear below: Units Percent Complete withRespect to Conversion Beginning work in process inventory 4,000 50 % Transferred in from the prior department during April 90,400 Ending work in process inventory 1,600 60 % What were the equivalent units for conversion costs in the Painting Department for April? 选项：A、93,760B、92,800C、91,360D、88,000

8.A company produces a certain food item in a manufacturing process. On 1 November, there was no opening inventory of work in process. During November, 500 units of material were input to the process, with a cost of $9,000. Direct labour costs in November were $3,840. Production overhead is absorbed at the rate of 200% of direct labour costs. Closing inventory on 30 November consisted of 100 units which were 100% complete as to materials and 80% complete as to labour and overhead. There was no loss in process. What is the full production cost of completed units during November? 选项：A、$10,400 B、$16,416 C、$16,800 D、$20,520

9.A company produces a certain food item in a manufacturing process. On 1 November,there was no opening inventory of work in process. During November, 500 units of materialwere input to the process, with a cost of $9,000. Direct labor costs in November were $3,840.Production overhead is absorbed at the rate of 200% of direct labor costs. Closing inventoryon 30 November consisted of 100 units which were 100% complete as to materials and 80%complete as to labor and overhead. There was no loss in process.What is the full production cost of completed units during November? （）选项： A:$10,400 B:$16,416 C:$16,800 D:$20,520

10.The following data apply to questions 3 through 5. Watkins Company had the following production for the month of June: Units Work-in-process, June 1 6,000 Started during June 24,000 Completed and transferred to finished goods 18,000 Abnormal spoilage incurred 3,000 Work-in-process, June 30 9,000 Materials are added at the beginning of the process. As to conversion cost, work-in-process was 20% complete at the beginning and 70% complete at the end of the month. Spoilage is detected at the end of the process. 3. [CPA Adapted] Using the weighted-average method, the equivalent units for June, with respect to conversion cost, were 选项： A、30000 B、23700 C、24300 D、27300

11.Acompany produces a certain food item in a manufacturing process.On 1November,there was no opening inventory of work in process.During November,500units of materialwere input to the process,with a cost of $9,000.Direct labor costs in November were $3,840.Production overhead is absorbed at the rate of 200%of direct labor costs.Closing inventoryon 30November consisted of 100units which were 100%complete as to materials and 80%complete as to labor and overhead.There was no loss in process.What is the full production cost of completed units during November?()

12.A company produces a certain food item in a manufacturing process. On 1 November, there was no opening inventory of work in process. During November, 500 units of material were input to the process, with a cost of $9,000. Direct labour costs in November were $3,840. Production overhead is absorbed at the rate of 200% of direct labour costs. Closing inventory on 30 November consisted of 100 units which were 100% complete as to materials and 80% complete as to labour and overhead. There was no loss in process. What is the value of the closing work in progress on 30 November? 选项：A、$2,440 B、$3,720 C、$4,104 D、$20,520

13.A company uses process costing to value its output and all materials are input at the start of the process. The following information relates to the process for one month:Input3,000 unitsOpening stock 400 unitsLosses10% of input is expected to be lostClosing stoc200 unitsHow many good units were output from the process if actual losses were 400 units? 选项： A、2,800 units B、 2,900 units C、 3,000 units D、 3,200 units

14.A company uses process costing to value its output and all materials are input at the start of the process.
The following information relates to the process for one month: Input 3,000 units,opening stock is 400 units. Losses is 10% of input is expected to be lost.
Closing stock is 200 units.
How many good units were output from the process if actual losses were 400 units? 选项： A、2,800 units B、2,900 units C、3,000 units D、3,200 units

15.Which of the following is a concern to a manager that utilizes the process-costing system? 选项： A、The cost object is known as a unit or multiple units of a distinct product. B、Allocates all of the product costs, including materials and labor. C、Per-unit cost is average unit cost applied to similar product. D、To obtain per-unit cost, divide total product costs of identical products by total number or units produced. E、Cost object is masses of identical or similar units of a product or service.

16.Which of the following is a concern to a manager that utilizes the process-costing system? 选项： A、The cost object is known as a unit or multiple units of a distinct product. B、Allocates all of the product costs, including materials and labor. C、Per-unit cost is average unit cost applied to similar product. D、To obtain per-unit cost, divide total product costs of identical products by total number or units produced. E、Cost object is masses of identical or similar units of a product or service.

17.A company manufactures two joint products, P and R, in a common process. Data for June are as follows. Opening inventory $1,000 Direct materials added $10,000 Conversion costs $12,000 Closing inventory $3,000 - Production units Sales units Sales price $ per unit P 4,000 5,000 5 R 6,000 5,000 10 If costs are apportioned between joint products on a sales value basis, what was the cost per unit of product R in June 选项： A、$1.25 B、$2.22 C、$2.50 D、$2.75

18.Once a sales order has been received and a production order issued, the Production Department prepares a materials requisition form to specify the type, quantity, and total cost of materials.选项： A:正确; B:错误

19. A firm has beginning inventory of 400 units at a cost of $12 each. Production during the period was 700 units at $13 each. If sales were 800 units, what is the value of the ending inventory using LIFO? 选项： A: $2,750 B: $3,600 C: $3,300 D: $3,850

20.88) Cool Shades manufactures biotech sunglasses. The variable materials cost is $1.38 per unit, and the variable labor cost is $.92 per unit. Suppose the firm incurs fixed costs of $348,000 during a year in which total production is 136,000 units and the selling price is $19.50 per unit. What is the cash break-even point? 选项： A:A) 16,453 units B:B) 22,435 units C:C) 20,233 units D:D) 18,907 units E:E) 14,768 units

21.What rocket has successfully sent the 55th satellite of the BeiDou Navigation Satellite System? 选项： A:Long March 3B rocket; B:Long March 5 rocket; C:Long March 4 rocket; D:Long March 6 rocket