超星 - chapter08 自测题 - 查题吧

单选题

A company uses process costing to value its output. The following was recorded for the period:Input materials2,000 units at $4.50 per unitConversion costs$13,340Normal loss5% of input valued at $3 per unitActual loss150 unitsThere were no opening or closing stocks.What was the valuation of one unit of output to one decimal place?

A. $11.8
B. $11.6
C. $11.2
D. $11.0

单选题

Information relating to two processes (F and G) was as follows:ProcessNormal loss (as% of input)Input (litres)Output (litres)F865,00058,900G537,50035,700For each process, was there an abnormal loss or an abnormal gain?Process FProcess G

A.Abnormal gainAbnormal gain
B.Abnormal gainAbnormal loss
C. Abnormal lossAbnormal gain
D. Abnormal lossAbnormal loss

单选题

A company operates a process costing system using the first-in-first-out (FIFO) method of valuation. No losses occur in the process. All materials are input at the commencement of the process. Conversion costs are incurred evenly through the process. The following data relate to last period:Units Degree of completionOpening work in progress2,00060%Total number of units completed14,000Closing work in progress3,000 30%Costs arising:Materials$51,000Conversion$193,1701）what was the total number of units input during last period?

A. 12,000
B. 13, 000
C. 15, 000
D. 17, 000

单选题

A company operates a process costing system using the first-in-first-out (FIFO) method of valuation. No losses occur in the process. All materials are input at the commencement of the process. Conversion costs are incurred evenly through the process. The following data relate to last period:Units Degree of completionOpening work in progress2,00060%Total number of units completed14,000Closing work in progress3,000 30%Costs arising:Materials$51,000Conversion$193,1702) What was the value of the closing work in progress for last period?

A. $21,330
B. $21,690
C. $22,530
D. $22,890

单选题

Company uses process costing to establish the cost per unit of its output. The following information was available for the last month:Input units10,000Output units9,850Opening stock300 units, 100% complete for materials and 70% complete for conversion costsClosing stock450 units, 100% complete for materials and 30% complete for conversion costsThe company uses the weighted average method of valuing stock.What were the equivalent units for conversion costs?

A. 9,505 units
B. 9,715 units
C. 9,775 units
D. 9,985 units

单选题

The following information relates to questions 1) and 2):A company operates a process costing system using the first in first out (FIFO) method of valuation. No losses occur in the process.The following data relate to last month:Units Degree of completion ValueOpening work in progress10060%$680Completed during the month900Closing work in progress15048%The cost per equivalent unit of production for last month was $12.1) What was the value of the closing work in progress

A. $816
B. $864
C. $936
D. $1,800

单选题

The following information relates to questions 1) and 2):A company operates a process costing system using the first in first out (FIFO) method of valuation. No losses occur in the process.The following data relate to last month:Units Degree of completion ValueOpening work in progress10060%$680Completed during the month900Closing work in progress15048%The cost per equivalent unit of production for last month was $12.2) What was the total value of the units completed last month?

A. $10,080
B. $10,320
C. $10,760
D. $11,000

单选题

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?

A. 2,800 units
B. 2,900 units
C. 3,000 units
D. 3,200 units

单选题

In a process where there are no work-in-progress stocks, two joint products (J and K) are created. Information(in units) relating to last month is as follows:Joint production costs last month were $110,000 and these were apportioned to joint products based on the number of units produced.What were the joint production costs apportioned to product J for last month.

A. $63,800
B. $64,000
C. $66,000
D. $68,200

单选题

Two products G and H are created from a joint process. G can be sold immediately after split-off. H requires further processing before it is in a saleable condition. There are no opening stocks and no work in progress The following data are available for last period:$Total joint production costs384,000Further processing costs (product H)159,600Using the physical unit method for apportioning joint production costs, what was the cost value of the closing stock of product H for last period?

A. $36,400
B. $37,520
C. $40,264
D. $45,181

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