Use the Chart Below to Answer the Following Questions Regarding

question 14

Multiple Choice

Use the chart below to answer the following questions regarding flow chart symbols.
-Which symbol would be used in a flowchart to represent a payroll master file kept on magnetic tape?

• A) #4
• B) #7
• C) #8
• D) #9

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Definitions:

Conversion Costs

Costs incurred in the process of converting raw materials into finished goods, typically including labor and overhead expenses.

Roasting Department

A specialized division within a company or factory where coffee beans are roasted.

Packaging Department

A division in a manufacturing facility focused on the packaging of products for storage or shipment.

Equivalent Units

A concept in cost accounting used to allocate costs to partially completed goods, expressed in terms of the amount of finished goods.