St Onge, Inc

question 21

Multiple Choice

St. Onge, Inc. uses a process-costing system. A newly-hired accountant identified the following procedures that must be performed by the close of business on Friday:
1-Calculation of equivalent units
2-Analysis of physical flows of units
3-Assignment of costs to completed units and units still in process
4-Calculation of unit costs
Which of the following choices correctly expresses the proper order of the preceding tasks?

• A) 1, 2, 3, 4.
• B) 1, 2, 4, 3.
• C) 1, 4, 3, 2.
• D) 2, 1, 4, 3.
• E) 2, 1, 3, 4.

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Definitions:

Discrimination Ban

Prohibitions or legal measures against unfair treatment of people based on their race, age, gender, or other characteristics.

Armed Services

The combined military forces of a nation, including its army, navy, air force, and other branches, established to defend the country.

Deindustrialization

The process by which industrial activity declines in a region or economy, leading to a reduction in manufacturing jobs and an increase in service sector jobs.

Worker Requirement

The specific qualifications, skills, or conditions that an employee must meet or possess for a particular job.