
Accounting II Chp 19
Authored by Tina Dilley
Other
11th Grade
Used 7+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the three inventories of a manufacturing business is
prepaid insurance
materials
direct labor
none of these
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the three basic elements of manufacturing cost of any finished product is
indirect materials
direct materials
insurance expense
none
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A factor considered in estimating factory overhead costs is
the expected increase in units of factory overhead items
the applied overhead rate
the estimated amount of direct labor costs
none of these
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a completed product is sold, the cost of the product is recorded in the
finished goods ledger
materials ledgeer
cost ledger
none of these
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a product is completed, total cost of making that product is recorded in the
materials ledger
materials requisition
finished goods ledger
none of these
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Each materials ledger card should show the quantity of the item of materials that has been ordered
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Direct labor includes only the wages of those working directly on a product
True
False
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