Which of the Following Would NOT Be Found on a Cost

question 125

Multiple Choice

Which of the following would NOT be found on a cost of goods manufactured schedule?

• A) Raw materials purchased
• B) Ending work-in-process inventory
• C) Applied manufacturing overhead
• D) Finished goods inventory

Learn how to determine manufacturing overhead applied to jobs and the computation of unit product costs.

Understand the principle of calculating the cost of unused capacity and how it affects the costing system.

Develop an understanding of how job-order costing systems compute manufacturing overhead and apply it to jobs.

Gain insights into the preparation of income statements under a job-order costing system and the impact of cost of unused capacity.