GB 519 RANK Extraordinary Life/gb519rank.com GB 519 RANK Extraordinary Life/gb519rank.com | Page 23

Question 9 . Question : Units accounted for includes units completed and transferred out
plus : Student Answer : Beginning inventory . Units to account for . Ending inventory . Units started . UNIT 2 QUIZ
Question 10 . Question : In calculating unit cost in a process costing system , " conversion
cost " is defined as the sum of : Student Answer : Direct and indirect material costs . Direct and indirect labor costs . Direct labor and factory overhead costs . Indirect labor and factory overhead costs .
Question 11 . Question : The journal entry to record incurred direct labor would include a
credit to :

Question 9 . Question : Units accounted for includes units completed and transferred out

plus : Student Answer : Beginning inventory . Units to account for . Ending inventory . Units started . UNIT 2 QUIZ

Question 10 . Question : In calculating unit cost in a process costing system , " conversion

cost " is defined as the sum of : Student Answer : Direct and indirect material costs . Direct and indirect labor costs . Direct labor and factory overhead costs . Indirect labor and factory overhead costs .

Question 11 . Question : The journal entry to record incurred direct labor would include a

credit to :