31) In a process system, direct labor and manufacturing overhead are normally: A) incurred at the end of the process. B) incurred in full at the beginning of the process. C) incurred evenly throughout...

31) In a process system, direct labor and manufacturing overhead are normally:

A) incurred at the end of the process.

B) incurred in full at the beginning of the process.

C) incurred evenly throughout the process.

D) not recorded.

32) A measure of the amount of work done, expressed in complete units of output is:

A) job costing.

B) process costing.

C) equivalent units

D) conversion costs.

33) A business has 200 full-time workers who work 8 hours per day.  They have 100 part-time workers who work 5 hours per day.  What is the number of full-time equivalent employees?

A) 263

B) 300

C) 200

D) 188

34) The full-time employees at Percy Enterprises work 8 hours per day, while the part-time employees work 4 hours per day.  Percy has 2,000 full-time employees and 800 part-time employees.   What is the number of full-time equivalent employees?

A) 2,000

B) 1,400

C) 2,400

D) 2,800

35) Green Paints has 4,000 gallons of paint in WIP inventory, with all materials already added. What are equivalent units in ending WIP inventory for materials if the paint is 80% through the process?

A) 0

B) 800

C) 3,200

D) 4,000

36) Green Paints has 4,000 gallons of paint in WIP inventory, with all materials already added. The paint is 80% through the process. Assuming all conversion costs are added evenly throughout the process, what are the equivalent units for conversion costs?

A) 800

B) 0

C) 3,200

D) 4,000

37) Natural Desserts has 2,500 gallons of paint in WIP inventory, with all materials already added. What are equivalent units in ending WIP inventory for materials if the paint is 80% through the process?

A) 0

B) 2,500

C) 500

D) 2,000

38) Natural Desserts has 2,500 gallons of paint in WIP inventory, with all materials already added. The paint is 60% through the process. Assuming all conversion costs are added evenly throughout the process, what are the equivalent units for conversion costs?

A) 0

B) 1,500

C) 2,000

D) 500

39) The following information is provided by Abbott Corporation:

The units in ending WIP inventory were 80% complete for materials and 40% complete for conversion costs.

What are the total equivalent units for direct materials?

A) 4,000

B) 3,200

C) 11,200

D) 12,000

40) The following information is provided by Abbott Corporation:

The units in ending WIP inventory were 80% complete for materials and 40% complete for conversion costs.

At the end of the year, what are the equivalent units for conversion costs?

A) 8,000

B) 9,600

C) 1,600

D) 4,800