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Match the Items in the Two Columns Below by Entering

question 141

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Match the items in the two columns below by entering the appropriate code letter in the space provided.
A. Just-in-time processing F. Units transferred out
B. Equivalent units of production G. Activity-based costing
C. Total units accounted for H. Physical units
D. Production cost report I. Unit production costs
E. Cost reconciliation schedule J. Total manufacturing cost per unit
____ 1. A summary of both production quantity and cost data for a production department.
____ 2. Shows that the total costs accounted for equal the total costs to be accounted for.
____ 3. Work done during a period expressed in fully completed units.
____ 4. Focuses on the activities performed in manufacturing a specific product.
____ 5. Actual units to be accounted for during a period, irrespective of any work performed.
____ 6. Units transferred out during the period plus units in ending work in process.
____ 7. Unit materials costs plus unit conversion costs.
____ 8. Total units accounted for minus units in ending work in process.
____ 9. Costs expressed in terms of equivalent units of production.
____ 10. Uses a "pull approach" in manufacturing.


Definitions:

Physical Health Hazards

Environmental factors or substances that can cause harm or illness to an individual's physical health in the workplace.

Shared Responsibility Model

A newer approach to safety in the workplace that assumes the best way to reduce accident rates relies on the cooperation of the employer and the employees (who may be represented by a union).

Safety of Members

Measures and practices in place to ensure the physical well-being and health of members within an organization or group.

Compensation Payments

Financial remuneration issued to individuals for loss, injury, or suffering, often related to employment or insurance claims.

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