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The following data applies to Process A for December:What is the cost per kg of output?

A. $7.85
B. $8.64
C. $10.58
D. $11.69

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Ranebow Co incurred the following overheads in Year 1:What proportion of the total overheads will be apportioned to Department 1?

A. 45.8%
B. 51.4%
C. 54.2%
D. 184.5%

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Rowboat Co uses absorption costing and a predetermined overhead absorption rate per unit. The following information relates to period 3: Which of the following statements is true?

A. Fixed overheads were under-absorbed by $1,000
B. Fixed overheads were over-absorbed by $5,000
C. Fixed overheads were under-absorbed by $5,000
D. Fixed overheads were over-absorbed by $1,000

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G Co makes two products, the Blue and the Green, from a common process. Common process costs are apportioned on the basis of sales value. The following data is available: Which amount of the common process costs in the period will be apportioned to the Green?

A. $22,717
B. $28,500
C. $29,483
D. $30,735

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Chockake Co makes a single product with the following costs:During June, Chockake Co made 24,770 units and sold 24,500 units. There were 570 units of closing inventory at the end of June. Which of the following is true for June?

A. Marginal costing will report a $1,728 higher profit than absorption costing
B. Marginal costing will report a $3,402 lower profit than absorption costing
C. Marginal costing will report a $270 higher profit than absorption costing
D. Marginal costing will report a $1,920 higher profit than absorption costing

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The following data applies to Process A for December:What is the cost per kg of output?

A. $7.85 B. $8.64 C. $10.58 D. $11.69

Ranebow Co incurred the following overheads in Year 1:What proportion of the total overheads will be apportioned to Department 1?

Rowboat Co uses absorption costing and a predetermined overhead absorption rate per unit. The following information relates to period 3: Which of the following statements is true?

G Co makes two products, the Blue and the Green, from a common process. Common process costs are apportioned on the basis of sales value. The following data is available: Which amount of the common process costs in the period will be apportioned to the Green?

Chockake Co makes a single product with the following costs:During June, Chockake Co made 24,770 units and sold 24,500 units. There were 570 units of closing inventory at the end of June. Which of the following is true for June?

A. $7.85
B. $8.64
C. $10.58
D. $11.69