Emerging Dock Company Manufactures Boat Docks on an Assembly Line

question 143

Multiple Choice

Emerging Dock Company manufactures boat docks on an assembly line. Its standard costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Finishing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production.

Which of the following journal entries records the standard costs of direct materials assigned to units worked on and total direct materials variances assuming that the Assembly Department used 15% less materials than expected?

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Definitions:

Need For Affection

A psychological requirement of humans to feel wanted, cherished, or loved by others.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and psychological health.

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A psychologist and founder of the school of individual psychology, who emphasized the importance of feelings of inferiority and the need for societal contribution as key drivers of behavior.

Subjective View

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