Question 1
Which of the following entries is correct to record depreciation expense of Assembly Department?
◦ Debit: Work in Process-Assembly
Credit: Finished Goods
◦ Debit: Work in Process-Assembly
Credit: Accumulated Depreciation
◦ Debit: Finished Goods
Credit: Work in Process-Assembly
◦ Debit: Accumulated Depreciation
Credit: Work in Process-Assembly
Question 2
Which of the following is a disadvantage of the weighted-average method compared to the FIFO process-costing method?
◦ FIFO is computationally simpler
◦ FIFO provides better management information for planning and control purposes
◦ when unit cost per input prices fluctuate markedly from month to month, its per unit cost is less representative than FIFO
◦ the information it provides about changes in unit prices from one period to the next is less useful than the information provided by FIFO
Average optimal blood pressure for age
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Pavlov’s Method
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Offset Method Plot of Land with Length Line