1. On the schedule of cost of goods manufactured:

a. beginning work-in-process plus direct materials used equals manufacturing costs.

b. cost of goods manufactured is the same thing as total manufacturing costs.

c. work-in-process will necessarily increase if total manufacturing costs increase.

d. factory overhead plus beginning work-in-process equals manufacturing costs.

e. None of these.

2. Which costing method seems ideally suited to the production of homogenous products in continuous throughput?

a. Activity-based costing.

b. Job order costing.

c. Process costing.

d. Absorption costing.

e. None of these.

3. Frick Company uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is based on total estimated overhead costs of $200,000 and direct labor hours of 50,000. For job 836, direct labor hours were 800.

a. Factory Overhead should be debited for $3,200.

b. Factory Overhead should be credited for $3,200.

c. Overhead Expense should be debited for $3,200.

d. Overhead Expense should be credited for $3,200.

e. None of these.

4. For job 1838, there were 1,000 direct labor hours, and actual overhead was $500 for depreciation and $1,400 for indirect labor. Overhead is applied at $2 per direct labor hour. Which account should be debited for $1,900?

a. Work in Process.

b. Cost of Goods Sold.

c. Factory Overhead.

d. Cost of Goods Manufactured.

e. None of these.