Which of the Following Tools and Supplies Would You Need

question 1

Multiple Choice

Which of the following tools and supplies would you need to install a bathtub or shower?

• A)2-inch P-trap and necessary adapters
• B)⅜-inch supply tubes
• C)jigsaw with fine tooth blade (for cutting countertop)
• D)basin wrench

---

Definitions:

Work in Process Account

An account that tracks the costs associated with unfinished goods that are still in the production process.

Materials Purchased

Refers to the raw materials bought by a company for use in the production process.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale during the period.

Equivalent Unit

A concept in cost accounting used to allocate costs to partially completed units of production, treating them as an equivalent amount of fully completed units.