The 'f2 mock exam' assesses knowledge in process costing within chemical manufacturing and other industries. It tests understanding of normal and abnormal losses, work-in-progress, and full production costs, crucial for professionals in accounting and finance.
A. MATERIAL 25liters CONVERSION 25liters
B. MATERIAL 25liters CONVERSION 50liters
C. MATERIAL 50liters CONVERSION 25liters
D. MATERIAL 50liters CONVERSION 50liters
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A At their scrap value
B The same as good production
C At the cost of raw materials
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A (i) only
B (ii) only
C (i) and (ii) only
D (ii) and (iii) only
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A $2,440
B $3,720
C $4,104
D $20,520
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A $7,200
B $13,200
C $14,840
D $15,400
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A 500
B 600
C 630
D 700
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A 357 litres
B 374 litres
C 391 litres
D 400 litres
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A $10,400
B $16,416
C $16,800
D $20,520
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A 9,505 units
B 9,715 units
C 9,775 units
D 9,985 units
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Accounting 202 - Chapter 5.3
Process costing is very different from job costing. While one is the accumulation of dingle costs throughout the process the other is an accumulation of all cost involved...
Questions:
8 |
Attempts:
144 |
Last updated:
May 08, 2024
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Accounting 202 - Chapter 5.1
Do you feel confident that what we covered in the previous class on processes costing is now well understood? Take up the quiz and let the score show if you are ready to dive...
Questions:
14 |
Attempts:
515 |
Last updated:
Mar 22, 2023
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Accounting 202 - Chapter 5.3
Process costing is very different from job costing. While one is the accumulation of dingle costs throughout the process the other is an accumulation of all cost involved...
Questions:
8 |
Attempts:
144 |
Last updated:
May 08, 2024
|
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