GB 519 RANK Let's Do This /gb519rank.com GB 519 RANK Let's Do This /gb519rank.com | Page 18

Question 12. Question : The additional cost incurred as the
cost driver increases by one
unit is:
Student Answer:
Average cost.
Controllable cost.
Variable cost.
Unit cost.
UNIT 1 QUIZ
Question 13. Question : Assume the following information
pertaining to a Company:
Prime costs = $195,000
Conversion Costs = $221,000
Direct Materials used = $85,000
Beginning Work-in-Process = $98,000
Ending Work-in-Process = $81,000
Cost of goods manufactured is calculated to be:
Student Answer:
$289,000.
$348,000.