A. spoilage
B. rework
C. scrap
D. equivalence
Related Mcqs:
- If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be ___________?
A. 1800 units
B. 2300 units
C. 10300 units
D. 1500 units - The costs that are incurred to find manufactured products, which does not meet specifications are called ____________?
A. prevention costs
B. external failure costs
C. appraisal costs
D. internal failure costs - The production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as ____________?
A. reduced work
B. spoilage
C. rework
D. scrap - If the beginning work in process inventory units are 2600, units started are 9000, ending work in process units are 2300 and the completed good units are 8000 then total spoilage will be ____________?
A. 1200 units
B. 990 units
C. 1100 units
D. 1000 units - If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are _____________?
A. 1800 units
B. 1500 units
C. 1300 units
D. 1500 units - The sum of beginning work in process inventory units and started units, is subtracted from the sum of ending work in process inventory units and transferred out units of goods, to calculate ____________?
A. Gross weighted spoilage
B. inventoriable spoilage
C. partial spoilage
D. total spoilage - The units of normal spoilage are divided to total completed units, rather than total actual produced units to calculate ____________?
A. normal spoilage rates
B. abnormal spoilage rates
C. normal scrap rates
D. abnormal scrap rates - In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are
A. inventoriable costs
B. finished costs
C. factory overhead costs
D. manufacturing overhead costs - The cost of manufactured goods is added into beginning inventory, and the amount equal to cost of sold goods are added into ___________?
A. minus beginning inventory
B. minus ending inventory
C. plus ending inventory
D. plus beginning inventory - Considering two fiscal years 2013 and 2014, if the selling price in 2013 and 2014 is $55 and $60 per unit respectively and actual units sold in 2013 are 25000 units, then revenue effect of price recovery will be __________?
A. $14,500
B. $135,000
C. $125,000
D. $12,500