10.   Fortner Company has no beginning work in process; 9,000 units are transferred out and 3,000 units in end- ing work in process are one-third finished as to con- version costs and fully complete as to materials cost. If total materials cost is $60,000, the unit materials cost is:

(a) $5.00.

(b) $5.45 rounded. (c)  $6.00.

(d)  No correct answer is given.

11.   Largo Company has unit costs of $10 for materials and $30 for conversion costs. If there are 2,500 units in ending work in process, 40% complete as to con- version costs, and fully complete as to materials cost, the total cost assignable to the ending work in process inventory is:

(a) $45,000.

 

(b)	$55,000.
(c)	$75,000.
(d)	$100,000.

12.   A production cost report:

(a)   is an external report.

(b)   shows both the production quantity and cost data related to a department.

(c)   shows equivalent units of production but not physical units.

(d)   contains six sections.